Barclays Maintains Overweight on LPL Finl Hldgs, Lowers Price Target to $265
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jeremy Campbell has maintained an 'Overweight' rating on LPL Financial Holdings (LPLA) but lowered the price target from $277 to $265.

October 30, 2023 | 1:45 pm
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Barclays has maintained an 'Overweight' rating on LPL Financial Holdings but lowered the price target from $277 to $265.
The news is directly about LPL Financial Holdings. While the 'Overweight' rating is positive, the lowering of the price target might have a neutral impact on the stock as it indicates a lower future valuation. However, the impact is not necessarily negative as the new target is still above the current market price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100