** Brokerage firm Charles Schwab SCHW.N posted a record second-quarter profit on Tuesday, driven by robust trading activity and increased asset management fees

FIRING ON ALL CYLINDERS

** J.P.Morgan ("overweight," PT: $144) says "Schwab's balance sheet growth trajectory into the seasonally favorable 2H26 sets up well to support solid near-term earnings growth"

** KBW ("outperform," PT: $125) says its constructive on co given positive catalysts including mega-IPOs, 24/7 trading, and continued options adoption among others

** Morgan Stanley ("overweight," PT: $133) says, "we increasingly see trading, lending, advice, asset management, platform economics, digital assets and broader product innovation as reinforcing the durability and quality of SCHW's long-term growth profile"

** Deutsche Bank ("buy," PT: $131) says co's updated 2026 outlook implies strength in revenue growth, continued net interest margin expansion, and positive operating leverage