Portland General Electric Company (POR)

5 big analyst picks: Charles Schwab stock called a buy | Pro Recap

Credit Suisse upgraded Charles Schwab (NYSE:SCHW) to Outperform from Neutral while cutting its price target to $67.50 from $81.50, noting it anticipates continued client sorting, but the risks appear manageable and nearing their peak based on current forward curves. “Central risk to the upgrade would be a significant shift in forward curve expectations – overly hawkish backdrop will keep alive client sorting while overly dovish landscape will ignite peak of cycle EPS worries and raise rotation risk,” said the firm, adding that other potential risks include high consensus EPS expectations and adverse regulatory changes. Citi upgraded Reinsurance Group of America (NYSE:RGA) to Buy from Sell with a price target of $158.00, noting it is incrementally positive on growth in the US and Asia after sitting with CFO Todd Larson.