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LPL Financial price target raised to $420 from $411 at Barclays

Barclays raised the firm’s price target on LPL Financial (LPLA) to $420 from $411 and keeps an Overweight rating on the shares post the Q3 report. The company’s earnings beat consensus by 15%, driven by better than expected annuity sales and lower quality acquisition cost adjustments, the analyst tells investors in a research note.

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