On Nov 01, major Wall Street analysts update their ratings for $LPL Financial (LPLA.US)$, with price targets ranging from $271 to $325.
Morgan Stanley analyst Michael Cyprys maintains with a buy rating, and maintains the target price at $309.
Citi analyst Christopher Allen maintains with a buy rating, and adjusts the target price from $285 to $310.
Barclays analyst Benjamin Budish maintains with a buy rating, and adjusts the target price from $273 to $311.
UBS analyst Brennan Hawken maintains with a hold rating, and adjusts the target price from $250 to $280.
Wells Fargo analyst Michael Brown maintains with a buy rating, and adjusts the target price from $285 to $310.
Furthermore, according to the comprehensive report, the opinions of $LPL Financial (LPLA.US)$'s main analysts recently are as follows:
LPL Financial's Q3 earnings surpassed expectations by 12%, bolstered by an improvement in gross profit as well as a reduction in operating expenses. Analyst sentiment reflects that management conveyed a positive outlook, and the new CEO, Rich Steinmeier, made a commendable initial appearance.
The firm adjusted its outlook on LPL Financial after a detailed reassessment of their model, which now includes a more explicit consideration of the Atria transaction.
Here are the latest investment ratings and price targets for $LPL Financial (LPLA.US)$ from 8 analysts:
Note:
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