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Fly News Breaks for October 30, 2018
LPLA
Oct 30, 2018 | 07:50 EDT
Citi analyst William Katz added LPL Financial to his firm's U.S. Focus List after hosting investor meetings with management. The Street has yet to appreciate LPL's earnings accretion potential as management extends the maturity of he Cash Deposit Sweep program, Katz tells investors in a research note. He raised his price target for the shares to $84 from $80 and keeps a Buy rating on the name.
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