Citi Starts Online Broker Coverage (SCHW, ETFC, AMTD)

Posted: March 12, 2009 at 6:37 am

Citigroup has initiated coverage of the discount and online brokerage universe this morning.  There is a mix of coverage in the call rather than a positive or negative for the whole group.:

  • Charles Schwab (NASDAQ: SCHW) Started as Buy.
  • E*TRADE (NASDAQ: ETFC) Started as Sell.
  • TD Ameritrade (NASDAQ: AMTD) Started as Hold.

JON C. OGG

Read more: Analyst Calls, Brokerage Firms, , ,