Morgan Stanley Maintains Equal-Weight on LPL Finl Hldgs, Raises Price Target to $243
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 $238 to $243.
August 04, 2023 | 9:30 am
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Morgan Stanley has maintained an Equal-Weight rating on LPL Financial Holdings and raised the price target from $238 to $243.
The news is directly related to LPL Financial Holdings. The maintained Equal-Weight rating indicates that Morgan Stanley believes the company's stock is fairly valued. However, the raised price target suggests that they expect the stock to perform slightly better in the future. This could potentially have a neutral to slightly positive impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100