Investing.com — Barclays upgraded Robinhood Markets Inc (NASDAQ:) and Charles Schwab Corp (NYSE:) to “obese,” citing improved market situations and progress alternatives for brokers and various asset managers for 2025.

Whereas Robinhood is predicted to learn from its progress technique on the again of an evolving crypto panorama, Schwab is predicted to see earnings progress 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 various asset managers, Barclays expects a resurgence in transaction exercise, pushed by pent-up demand and a good sentiment shift. Key themes similar 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 well-liked decide.

In distinction, the outlook for exchanges is much less favorable. Barclays downgraded Cboe World Markets (NYSE:) to “equal weight,” citing difficult comparisons and near-peak valuations.

The brokerage sector is predicted to learn broadly from steady fairness markets and better rates of interest, which supported sturdy efficiency in 2024. Schwab, particularly, is positioned for robust medium-term earnings progress as money ranges stabilize and funding prices ease.