Analysts Cut Schwab, Trim UPS and Comcast

Wall Street turned cautious on several large-caps today. Morgan Stanley cut its target on SCHW from $141 to $132. The broker kept its Buy rating, but the trim signals unease after a period of strong share price gains.

UPS took a knock from Bernstein. David Vernon lowered his target from $131 to $127, maintaining a Buy. The revision follows pressure on parcel volumes as US air carriers report a third consecutive month of falling on-time arrivals, adding cost risk across the logistics chain.

CMCSA saw its consensus target nudge down as well, to $28.54 from $28.63, with the analyst community staying split. The stock draws four Sells against nine Buys, an unusually divided picture for a mega-cap.

On the upside, DA Davidson raised its target on CRM to $250 from $225, keeping a Hold rating. Analyst Gil Luria flagged improving fundamentals. KeyCorp KEY picked up a target lift to $27 from $26 at DA Davidson, with Peter Winter upgrading to Buy. Regional bank earnings this season have broadly beaten expectations.

COST continued to attract upgrades. The consensus average target rose to $1,069 from $1,066, with 24 Buys among 39 analysts. Costco's resilience in consumer staples spending remains a draw.

Taiwan's September export orders jumped 69% year-on-year, a figure that underpins bullish sentiment toward tech-adjacent names. Analysts covering the sector will watch those flows closely as the earnings season broadens out.