Goldman Sachs analyst Alexander Blostein maintains $LPL Financial (LPLA.US)$ with a buy rating, and adjusts the target price from $271 to $305.
According to TipRanks data, the analyst has a success rate of 76.3% and a total average return of 19.8% over the past year.
Furthermore, according to the comprehensive report, the opinions of $LPL Financial (LPLA.US)$'s main analysts recently are as follows:
LPL Financial's third-quarter earnings surpassed expectations by 12%, stimulated by an improvement in gross profit and a reduction in operating expenses. Analysts note that the management conveyed a positive outlook, marking a commendable initial performance by the new CEO Rich Steinmeier.
The firm revised their projections for LPL Financial after a detailed reassessment of their model, which now more thoroughly incorporates the implications of the Atria transaction.
Note:
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