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Create Free AccountRaymond James has updated its financial outlook and price targets for three major financial services firms, reflecting a generally optimistic view of the sector. The firm raised its price target for Charles Schwab (SCHW) to $128 from $121 while maintaining an 'Outperform' rating, citing the benefits of higher interest rates. Conversely, the price target for MSCI was slightly reduced to $700 from $710 following a market downturn in March, though a 'Strong Buy' rating remains in place. Tradeweb Markets (TW) saw its target increased to $147, driven by expectations of continued market share expansion in interest rate swaps. These adjustments highlight the firm's confidence in the fundamental growth of financial intermediaries despite varying market conditions. Investors are closely monitoring these ratings as they reflect the impact of interest rate environments and market volatility on financial stocks.