Wells Fargo Upgrades LPL Finl Hldgs to Overweight, Raises Price Target to $285
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Brown has upgraded LPL Financial Holdings (NASDAQ:LPLA) from Equal-Weight to Overweight and increased the price target from $235 to $285.
October 09, 2024 | 2:09 pm
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Wells Fargo has upgraded LPL Financial Holdings to Overweight and increased its price target to $285, indicating a positive outlook on the stock.
The upgrade from Equal-Weight to Overweight by a major financial institution like Wells Fargo suggests increased confidence in LPL Financial Holdings' future performance. The raised price target from $235 to $285 indicates expectations of significant upside potential, likely leading to positive investor sentiment and a short-term increase in stock price.
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