JP Morgan Maintains Neutral on LPL Finl Hldgs, Raises Price Target to $251
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Michael Cho maintains a Neutral rating on LPL Financial Holdings (NASDAQ:LPLA) and raises the price target from $230 to $251.

October 10, 2023 | 4:50 pm
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NEUTRAL IMPACT
JP Morgan maintains a Neutral rating on LPL Financial Holdings and raises the price target from $230 to $251.
The news is directly about LPL Financial Holdings. JP Morgan's decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the increase in price target from $230 to $251 suggests a positive long-term outlook. This could potentially attract investors, but the immediate impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100