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LPL Financial price target raised to $511 from $504 at BofA

BofA analyst Craig Siegenthaler raised the firm’s price target on LPL Financial (LPLA) to $511 from $504 and keeps a Buy rating on the shares. The company’s quarterly earnings beat was driven primarily by lower-than-expected core G&A, the analyst tells investors in a research note. The firm added that it continues to expect net new asset reacceleration in 2H26.

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