Jefferies Maintains Buy on LPL Finl Hldgs, Lowers Price Target to $246
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Daniel Fannon maintains a Buy rating on LPL Financial Holdings (NASDAQ:LPLA) and lowers the price target from $254 to $246.

June 05, 2023 | 11:49 am
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Jefferies analyst Daniel Fannon maintains a Buy rating on LPL Financial Holdings and lowers the price target from $254 to $246.
The news directly mentions LPL Financial Holdings (LPLA) and the lowered price target by Jefferies analyst Daniel Fannon. While the price target has been lowered, the Buy rating is maintained, indicating a positive outlook for the stock. The short-term impact on the stock price is neutral as the lowered price target may cause some investors to reevaluate their positions, but the maintained Buy rating suggests continued confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100