Morgan Stanley Sticks to Their Hold Rating for LPL Financial (LPLA)


Morgan Stanley analyst Michael Cyprys maintained a Hold rating on LPL Financial (LPLA) today and set a price target of $84.00. The company’s shares closed last Monday at $77.45.

According to TipRanks.com, Cyprys is a 3-star analyst with an average return of 3.7% and a 54.8% success rate. Cyprys covers the Financial sector, focusing on stocks such as Apollo Global Management LLC, Victory Capital Holdings Inc, and Virtus Investment Partners.

LPL Financial has an analyst consensus of Strong Buy, with a price target consensus of $93.25.

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LPL Financial’s market cap is currently $6.37B and has a P/E ratio of 12.79. The company has a Price to Book ratio of 6.25.

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LPL Financial Holdings, Inc. serves independent financial advisors and financial institutions, providing them with the technology, research, clearing and compliance services, and practice management programs they need to create and grow their practices.

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