Investing.com — Barclays upgraded Robinhood Markets Inc (NASDAQ:) and Charles Schwab Corp (NYSE:) to “obese,” citing improved market circumstances and development alternatives for brokers and different asset managers for 2025.
Whereas Robinhood is anticipated to learn from its development technique on the again of an evolving crypto panorama, Schwab is anticipated to see earnings development as money sorting points and attrition from previous mergers subside. Each firms are positioned to capitalize on a constructive macro backdrop, Barclays (LON:) famous.
For different asset managers, Barclays expects a resurgence in transaction exercise, pushed by pent-up demand and a good sentiment shift. Key themes akin to personal credit score, knowledge facilities, and infrastructure are more likely to stay robust.
Amongst conventional asset managers, BlackRock (NYSE:) continues to be Barclays’ most popular decide.
In distinction, the outlook for exchanges is much less favorable. Barclays downgraded Cboe International Markets (NYSE:) to “equal weight,” citing difficult comparisons and near-peak valuations.
The brokerage sector is anticipated to learn broadly from steady fairness markets and better rates of interest, which supported strong efficiency in 2024. Schwab, specifically, is positioned for robust medium-term earnings development as money ranges stabilize and funding prices ease.
