Information Provided By:
Fly News Breaks for May 16, 2018
RJF, LPLA
May 16, 2018 | 04:55 EDT
Goldman Sachs analyst Conor Fitzgerald downgraded LPL Financial (LPLA) to Neutral from Buy and removed the shares from his firm's Americas Conviction List. Following the recent outperformance of the stock, the analyst sees more upside in Raymond James (RJF), a name he upgraded this morning to Buy from Neutral. Fitzgerald keeps an $81 price target on LPL.