Morgan Stanley Maintains Equal-Weight on LPL Finl Hldgs, Raises Price Target to $238
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Michael Cyprys has maintained an Equal-Weight rating on LPL Financial Holdings (LPLA) and raised the price target from $221 to $238.
July 13, 2023 | 1:46 pm
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Morgan Stanley has maintained an Equal-Weight rating on LPL Financial Holdings and raised the price target from $221 to $238.
The news is directly related to LPL Financial Holdings (LPLA). The maintained Equal-Weight rating indicates that Morgan Stanley believes the company's stock is fairly valued. However, the raised price target from $221 to $238 suggests that they see potential for the stock's price to increase in the future. This could have a positive impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100