Morgan Stanley Maintains Equal-Weight on LPL Finl Hldgs, Lowers Price Target to $252
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Michael Cyprys has maintained an Equal-Weight rating on LPL Financial Holdings (LPLA) but lowered the price target from $260 to $252.

October 30, 2023 | 2:31 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Morgan Stanley has maintained an Equal-Weight rating on LPL Financial Holdings but lowered the price target from $260 to $252.
The news is directly related to LPL Financial Holdings (LPLA). The maintained Equal-Weight rating suggests that Morgan Stanley sees the stock as fairly valued, while the lowered price target could indicate a slightly less optimistic outlook. However, as the adjustment is relatively minor, the short-term impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100