Morgan Stanley raised the firm’s price target on LPL Financial (LPLA) to $450 from $330 and keeps an Overweight rating on the shares. Following a model refresh post the Q1 report, the firm’s FY26 EPS estimate was raised by 17% to $22.24 and its FY27 EPS by 19% to $30.80 on better revenue, partially offset by higher expenses, the analyst tells investors.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LPLA:
- LPL Financial announces Q1 technology updates
- LPL Financial: PCC Wealth joins broker-dealer, RIA, custodial platforms
- LPL Financial launches new strategic marketing campaign
- LPL Financial launches alternative investments education platform
- LPL Financial price target raised to $400 from $365 at Barclays
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue