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Fly News Breaks for March 6, 2019
LPLA
Mar 6, 2019 | 07:38 EDT
Citi analyst William Katz removed LPL Financial from his firm's U.S. Focus List citing the stock's strong year-to-date performance and a "potentially choppier macro backdrop." The analyst, however, keeps a Buy rating on the shares with a $100 price target. A combination of improving flow trajectory and favorable execution can drive moderate multiple expansion from here, Katz tells investors in a research note.