Barclays Maintains Overweight Rating for LPL Finl Hldgs: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Barclays has maintained its Overweight rating for LPL Financial Holdings (NASDAQ:LPLA) but lowered its price target from $277.00 to $265.00. LPLA's shares are currently trading at $221.46, and a move to $265.00 would represent a 19.66% increase.
October 30, 2023 | 5:00 pm
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Barclays maintains Overweight rating for LPLA but lowers price target. This could potentially lead to a 19.66% increase in share price.
The news of Barclays maintaining its Overweight rating for LPLA indicates a positive outlook for the company. However, the lowering of the price target might cause some uncertainty among investors. Despite this, the new target price still represents a significant potential increase from the current share price.
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