LPL Financial Holdings Inc (NASDAQ: LPLA ) on Thursday reported better-than-expected second- quarter financial results .
LPL Finl reported quarterly earnings of $5.60 per share which beat the analyst consensus estimate of $5.40 per share. The company reported quarterly sales of $5.186 billion which beat the analyst consensus estimate of $4.995 billion.
LPL Financial shares gained 4.6% to $355.00 in pre-market trading.
These analysts made changes to their price targets on LPL Financial following earnings announcement.
Keefe, Bruyette & Woods analyst Chris Allen maintained the stock with an Outperform rating and raised the price target from $365 to $390. Barclays analyst Benjamin Budish maintained the stock with an Overweight rating and raised the price target from $394 to $401.Considering buying LPLA stock? Here’s what analysts think:
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Posted In: Trading Ideas News Analyst Ratings Price Target Earnings Price Target Changes