Wells Fargo Initiates Coverage On LPL Finl Hldgs with Equal-Weight Rating, Announces Price Target of $235
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo has initiated coverage on LPL Financial Holdings with an Equal-Weight rating and set a price target of $235.

September 12, 2024 | 1:43 pm
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NEUTRAL IMPACT
Wells Fargo has initiated coverage on LPL Financial Holdings with an Equal-Weight rating and a price target of $235, indicating a neutral stance on the stock.
The Equal-Weight rating suggests that Wells Fargo sees LPL Financial Holdings performing in line with the market. The price target of $235 provides a specific valuation expectation, but the neutral rating indicates no strong buy or sell recommendation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100