LPL Financial price target raised to $387 from $375 at Morgan Stanley
Morgan Stanley raised the firm's price target on LPL Financial to $387 from $375 and keeps an Overweight rating on the shares. Brokers & Exchanges are expected to deliver slightly better-than-consensus Q2 earnings driven by stronger volumes and volatility, with brokers favored for attractive valuations, growth potential, and multiple upcoming catalysts, the analyst tells investors in a research note. The firm also named LPL Financial as a Top Pick.
Morgan Stanley raised the firm's price target on LPL Financial to $387 from $375 and keeps an Overweight rating on the shares.
Brokers & Exchanges are expected to deliver slightly better-than-consensus Q2 earnings driven by stronger volumes and volatility, with brokers favored for attractive valuations, growth potential, and multiple upcoming catalysts, the analyst tells investors in a research note.
The firm also named LPL Financial as a Top Pick.