Morgan Stanley Upgrades LPL Finl Hldgs to Overweight, Raises Price Target to $315
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Michael Cyprys upgraded LPL Finl Hldgs (NASDAQ:LPLA) from Equal-Weight to Overweight and increased the price target from $254 to $315.
April 09, 2024 | 12:01 pm
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Morgan Stanley upgraded LPL Finl Hldgs to Overweight and raised its price target to $315.
Upgrades by major financial institutions like Morgan Stanley typically lead to positive short-term price movements for stocks. The significant increase in the price target from $254 to $315 suggests a strong bullish outlook on LPLA by the analyst, which can influence investor sentiment and drive the stock price up in the short term.
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