Morgan Stanley has raised its price target for The Charles Schwab Corporation from $117 to $131, maintaining an Overweight rating on the shares. This adjustment follows an increase in the firm's fiscal year 2025 and 2026 earnings per share (EPS) estimates by 5% and 7%, respectively, attributed to higher trading revenues, net interest margin expansion, and increased asset management fees. 

The firm’s positive outlook reflects confidence in Schwab's financial strength and operational performance. The increase in price target is significant as it indicates a strong belief in Charles Schwab's growth potential amidst a competitive financial services landscape. The firm’s diverse operations, including securities brokerage and wealth management, position it well to capitalize on market trends. Analysts suggest that Schwab's robust trading activity and strategic initiatives will continue to drive its performance, making it an attractive investment option for both retail and institutional investors.