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Recommendations
Citi boosts LPL Financial target to $100, adds to Focus List » 06:32
06/15/20
06/15
06:32
06/15/20
06:32
LPLA

LPL Financial

$80.01 /

+3.45 (+4.51%)

Citi analyst William Katz…

Citi analyst William Katz raised the firm's price target on LPL Financial to $100 from $95 and keeps a Buy rating on the shares. The analyst also added the shares to Citi's U.S. Focus List. Katz left investor meetings with management "increasingly bullish" given the company's rising efficacy and widening total addressable market.

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LPLA LPL Financial
$80.01 /

+3.45 (+4.51%)

LPLA LPL Financial
$80.01 /

+3.45 (+4.51%)

06/09/20 Morgan Stanley
Morgan Stanley upgrades LPL Financial to Overweight on post-pandemic prospects
06/09/20 Morgan Stanley
LPL Financial upgraded to Overweight from Equal Weight at Morgan Stanley
06/09/20 Morgan Stanley
LPL Financial upgraded to Overweight from Equal Weight at Morgan Stanley
05/20/20 Credit Suisse
LPL Financial price target raised to $74 from $68 at Credit Suisse
LPLA LPL Financial
$80.01 /

+3.45 (+4.51%)

LPLA LPL Financial
$80.01 /

+3.45 (+4.51%)

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Morgan Stanley upgrades LPL Financial to Overweight on post-pandemic prospects » 08:00
06/09/20
06/09
08:00
06/09/20
08:00
LPLA

LPL Financial

$84.42 /

+2.32 (+2.83%)

Morgan Stanley analyst…

Morgan Stanley analyst Michael Cyprys upgraded LPL Financial to Overweight from Equal Weight with a price target of $100, up from $62. An inflection in macro data raises the prospects for a steeper yield curve that, combined with rising equity markets, could drive a series of upward estimate revisions for LPL, Cyprys tells investors. Additionally, he expects the lead over laggards to widen in an industry that has been slow to adopt digitization and tech innovation and he sees post-Covid tailwinds for both accelerating organic growth and a higher odds of "inorganic opportunities," the analyst tells investors.

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LPLA LPL Financial
$84.42 /

+2.32 (+2.83%)

LPLA LPL Financial
$84.42 /

+2.32 (+2.83%)

06/09/20 Morgan Stanley
LPL Financial upgraded to Overweight from Equal Weight at Morgan Stanley
06/09/20 Morgan Stanley
LPL Financial upgraded to Overweight from Equal Weight at Morgan Stanley
05/20/20 Credit Suisse
LPL Financial price target raised to $74 from $68 at Credit Suisse
05/18/20 Wells Fargo
LPL Financial upgraded to Overweight on accelerating growth at Wells Fargo
LPLA LPL Financial
$84.42 /

+2.32 (+2.83%)

LPLA LPL Financial
$84.42 /

+2.32 (+2.83%)

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LPL Financial upgraded to Overweight from Equal Weight at Morgan Stanley » 06:15
06/09/20
06/09
06:15
06/09/20
06:15
LPLA

LPL Financial

$84.42 /

+2.32 (+2.83%)

Morgan Stanley analyst…

Morgan Stanley analyst Michael Cyprys upgraded LPL Financial to Overweight from Equal Weight with a $100 price target.

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LPLA LPL Financial
$84.42 /

+2.32 (+2.83%)

LPLA LPL Financial
$84.42 /

+2.32 (+2.83%)

06/09/20 Morgan Stanley
LPL Financial upgraded to Overweight from Equal Weight at Morgan Stanley
05/20/20 Credit Suisse
LPL Financial price target raised to $74 from $68 at Credit Suisse
05/18/20 Wells Fargo
LPL Financial upgraded to Overweight on accelerating growth at Wells Fargo
05/18/20 Wells Fargo
LPL Financial upgraded to Overweight from Equal Weight at Wells Fargo
LPLA LPL Financial
$84.42 /

+2.32 (+2.83%)

LPLA LPL Financial
$84.42 /

+2.32 (+2.83%)

Upgrade
LPL Financial upgraded to Overweight from Equal Weight at Morgan Stanley » 06:15
06/09/20
06/09
06:15
06/09/20
06:15
LPLA

LPL Financial

$84.42 /

+2.32 (+2.83%)

Morgan Stanley analyst…

Morgan Stanley analyst Michael Cyprys upgraded LPL Financial to Overweight from Equal Weight with a $100 price target.

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LPLA LPL Financial
$84.42 /

+2.32 (+2.83%)

LPLA LPL Financial
$84.42 /

+2.32 (+2.83%)

05/20/20 Credit Suisse
LPL Financial price target raised to $74 from $68 at Credit Suisse
05/18/20 Wells Fargo
LPL Financial upgraded to Overweight on accelerating growth at Wells Fargo
05/18/20 Wells Fargo
LPL Financial upgraded to Overweight from Equal Weight at Wells Fargo
04/06/20 Wells Fargo
Broker sector has plenty of fundamental challenges, says Wells Fargo
LPLA LPL Financial
$84.42 /

+2.32 (+2.83%)

LPLA LPL Financial
$84.42 /

+2.32 (+2.83%)

Over a month ago
Hot Stocks
LPL Financial subsidiary to acquire assets of E.K. Riley Investments » 16:18
05/27/20
05/27
16:18
05/27/20
16:18
LPLA

LPL Financial

$74.41 /

+2.07 (+2.86%)

LPL Financial LLC, a…

LPL Financial LLC, a wholly owned subsidiary of LPL Financial, announced that it has signed an agreement to acquire the assets of E.K. Riley Investments, a broker-dealer and registered investment advisor headquartered in Seattle. E.K. Riley Investments has approximately 35 financial advisors and $2B of client assets under management. The transaction is structured as an asset purchase and is expected to close in the second half of 2020. The asset purchase agreement provides for both a payment at closing and potential contingent payments. LPL estimates a transaction multiple of approximately 6x post-synergy EBITDA.

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LPLA LPL Financial
$74.41 /

+2.07 (+2.86%)

LPLA LPL Financial
$74.41 /

+2.07 (+2.86%)

05/20/20 Credit Suisse
LPL Financial price target raised to $74 from $68 at Credit Suisse
05/18/20 Wells Fargo
LPL Financial upgraded to Overweight on accelerating growth at Wells Fargo
05/18/20 Wells Fargo
LPL Financial upgraded to Overweight from Equal Weight at Wells Fargo
04/06/20 Wells Fargo
Broker sector has plenty of fundamental challenges, says Wells Fargo
LPLA LPL Financial
$74.41 /

+2.07 (+2.86%)

LPLA LPL Financial
$74.41 /

+2.07 (+2.86%)

Recommendations
LPL Financial price target raised to $74 from $68 at Credit Suisse » 08:23
05/20/20
05/20
08:23
05/20/20
08:23
LPLA

LPL Financial

$67.06 /

-1.35 (-1.97%)

Credit Suisse analyst…

Credit Suisse analyst Craig Siegenthaler raised the firm's price target on LPL Financial to $74 from $68 and keeps an Outperform rating on the shares. The analyst cited the company's "robust" organic growth outlook combined with ROCA stability.

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LPLA LPL Financial
$67.06 /

-1.35 (-1.97%)

LPLA LPL Financial
$67.06 /

-1.35 (-1.97%)

05/18/20 Wells Fargo
LPL Financial upgraded to Overweight on accelerating growth at Wells Fargo
05/18/20 Wells Fargo
LPL Financial upgraded to Overweight from Equal Weight at Wells Fargo
04/06/20 Wells Fargo
Broker sector has plenty of fundamental challenges, says Wells Fargo
04/03/20 Credit Suisse
LPL Financial price target lowered to $59 from $98 at Credit Suisse
LPLA LPL Financial
$67.06 /

-1.35 (-1.97%)

LPLA LPL Financial
$67.06 /

-1.35 (-1.97%)

Hot Stocks
LPL Financial announces partnership with AdvicePay » 09:05
05/19/20
05/19
09:05
05/19/20
09:05
LPLA

LPL Financial

$68.41 /

+5.6 (+8.92%)

LPL Financial announced…

LPL Financial announced that LPL advisors now have access to AdvicePay, a fee-payment-processing platform designed specifically for financial advisors. Advisors using the platform will be able to invoice clients directly for financial planning services, as well as accept online payments, to make it easier for advisors and their clients. Established by veteran financial advisors Michael Kitces and Alan Moore, AdvicePay is the only billing and payment processing platform created specifically to facilitate fee-for-service financial planning. The platform simplifies and eliminates manual and paper workflows, with the ability to issue agreements for client e-signatures, accept ACH and credit card payments, bill hourly or one-time fees, and establish recurring retainer or subscription billing, all with up-to-date compliance and data security management processes. In addition, advisors have the ability to manage all of their client billing information in one place via technology integration.

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LPLA LPL Financial
$68.41 /

+5.6 (+8.92%)

LPLA LPL Financial
$68.41 /

+5.6 (+8.92%)

05/18/20 Wells Fargo
LPL Financial upgraded to Overweight on accelerating growth at Wells Fargo
05/18/20 Wells Fargo
LPL Financial upgraded to Overweight from Equal Weight at Wells Fargo
04/06/20 Wells Fargo
Broker sector has plenty of fundamental challenges, says Wells Fargo
04/03/20 Credit Suisse
LPL Financial price target lowered to $59 from $98 at Credit Suisse
LPLA LPL Financial
$68.41 /

+5.6 (+8.92%)

LPLA LPL Financial
$68.41 /

+5.6 (+8.92%)

Upgrade
LPL Financial upgraded to Overweight on accelerating growth at Wells Fargo » 06:44
05/18/20
05/18
06:44
05/18/20
06:44
LPLA

LPL Financial

$62.81 /

+1.42 (+2.31%)

, RJF

Raymond James

$61.03 /

-0.86 (-1.39%)

, SF

Stifel Financial

$42.09 /

+0.68 (+1.64%)

As previously reported,…

As previously reported, Wells Fargo analyst Christopher Harris upgraded LPL Financial (LPLA) to Overweight from Equal Weight with a $70 price target. The stock and fellow wealth managers Raymond James (RJF) and Stifel Financial (SF) are down by similar amounts this year, which he views as unfair given that the latter two should have credit quality issues to contend with that LPL does not. While acknowledging low interest rates are a significant headwind, he believes the market is underappreciating LPL's offsetting upside potential from organic growth, Harris tells investors.

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SF Stifel Financial
$42.09 /

+0.68 (+1.64%)

RJF Raymond James
$61.03 /

-0.86 (-1.39%)

LPLA LPL Financial
$62.81 /

+1.42 (+2.31%)

LPLA LPL Financial
$62.81 /

+1.42 (+2.31%)

05/18/20 Wells Fargo
LPL Financial upgraded to Overweight from Equal Weight at Wells Fargo
04/06/20 Wells Fargo
Broker sector has plenty of fundamental challenges, says Wells Fargo
04/03/20 Credit Suisse
LPL Financial price target lowered to $59 from $98 at Credit Suisse
03/25/20 Citi
LPL Financial upgraded to Buy from Neutral at Citi
RJF Raymond James
$61.03 /

-0.86 (-1.39%)

05/18/20 Wells Fargo
Wells downgrades Raymond James to Underweight on underappreciated credit risk
05/18/20 Wells Fargo
Wells downgrades Stifel Financial to Underweight on underappreciated credit risk
05/18/20 Wells Fargo
Raymond James downgraded to Underweight from Equal Weight at Wells Fargo
05/01/20 Compass Point
Raymond James downgraded to Neutral after earnings at Compass Point
SF Stifel Financial
$42.09 /

+0.68 (+1.64%)

05/18/20 Wells Fargo
Stifel Financial downgraded to Underweight from Equal Weight at Wells Fargo
05/01/20 Wolfe Research
Stifel Financial downgraded to Peer Perform from Outperform at Wolfe Research
SF Stifel Financial
$42.09 /

+0.68 (+1.64%)

RJF Raymond James
$61.03 /

-0.86 (-1.39%)

LPLA LPL Financial
$62.81 /

+1.42 (+2.31%)

LPLA LPL Financial
$62.81 /

+1.42 (+2.31%)

Upgrade
LPL Financial upgraded to Overweight from Equal Weight at Wells Fargo » 05:31
05/18/20
05/18
05:31
05/18/20
05:31
LPLA

LPL Financial

$62.81 /

+1.42 (+2.31%)

Wells Fargo analyst…

Wells Fargo analyst Christopher Harris upgraded LPL Financial to Overweight from Equal Weight with a $70 price target.

ShowHide Related Items >><<
LPLA LPL Financial
$62.81 /

+1.42 (+2.31%)

LPLA LPL Financial
$62.81 /

+1.42 (+2.31%)

04/06/20 Wells Fargo
Broker sector has plenty of fundamental challenges, says Wells Fargo
04/03/20 Credit Suisse
LPL Financial price target lowered to $59 from $98 at Credit Suisse
03/25/20 Citi
LPL Financial upgraded to Buy from Neutral at Citi
03/24/20 Goldman Sachs
LPL Financial upgraded to Conviction Buy from Buy at Goldman Sachs
LPLA LPL Financial
$62.81 /

+1.42 (+2.31%)

LPLA LPL Financial
$62.81 /

+1.42 (+2.31%)

Conference/Events
Wolfe Research financial analyst to hold an analyst/industry webcast » 11:55
05/15/20
05/15
11:55
05/15/20
11:55
LPLA

LPL Financial

$62.00 /

+0.61 (+0.99%)

Financial Analyst Chubak…

Financial Analyst Chubak discusses the recent meeting with LPL Financial Holdings on an Analyst/Industry webcast to be held on May 15 at 12 pm.

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LPLA LPL Financial
$62.00 /

+0.61 (+0.99%)

LPLA LPL Financial
$62.00 /

+0.61 (+0.99%)

04/06/20 Wells Fargo
Broker sector has plenty of fundamental challenges, says Wells Fargo
04/03/20 Credit Suisse
LPL Financial price target lowered to $59 from $98 at Credit Suisse
03/25/20 Citi
LPL Financial upgraded to Buy from Neutral at Citi
03/24/20 Goldman Sachs
LPL Financial upgraded to Conviction Buy from Buy at Goldman Sachs
LPLA LPL Financial
$62.00 /

+0.61 (+0.99%)

LPLA LPL Financial
$62.00 /

+0.61 (+0.99%)

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