2020-11-17 06:36:22 LPLA LPL Financial
11/17/20 11/1706:36 11/17/2006:36 | LPL Financial price target raised to $145 from $132.50 at CitiCiti analyst William Katz raised the firm's price target on LPL Financial to $145 from $132.50 and keeps a Buy rating on the shares. The analyst upgraded the retail broker dealers space to Overweight from Selective. While the group has rallied moderately post COVID-19 vaccination news, the sector "could be poised for meaningful break-out" as investors "bring forward" normalized earnings, Katz tells investors in a research note. He believes the space is "poised for significant" price-to-earnings multiple expansion. | |
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