LPL Financial upgraded by BofA Securities with a new price target
$LPLA
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BofA Securities upgraded LPL Financial from Neutral to Buy and set a new price target of $268.00
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/9/2024 | $235.00 → $285.00 | Equal Weight → Overweight | Wells Fargo |
| 9/12/2024 | $235.00 | Equal Weight | Wells Fargo |
| 7/30/2024 | $268.00 | Neutral → Buy | BofA Securities |
| 4/9/2024 | $254.00 → $315.00 | Equal-Weight → Overweight | Morgan Stanley |
| 4/4/2024 | Underperform | Raymond James | |
| 1/4/2024 | $224.00 | Market Perform | TD Cowen |
| 12/1/2023 | $240.00 | Neutral | Redburn Atlantic |
| 9/7/2023 | $275.00 | Overweight | Barclays |
4 - LPL Financial Holdings Inc. (0001397911) (Issuer)
4 - LPL Financial Holdings Inc. (0001397911) (Issuer)
4 - LPL Financial Holdings Inc. (0001397911) (Issuer)
8-K - LPL Financial Holdings Inc. (0001397911) (Filer)
10-Q - LPL Financial Holdings Inc. (0001397911) (Filer)
8-K - LPL Financial Holdings Inc. (0001397911) (Filer)
LPL Finl Hldgs (NASDAQ:LPLA) has outperformed the market over the past 10 years by 5.3% on an annualized basis producing an average annual return of 16.22%. Currently, LPL Finl Hldgs has a market capitalization of $16.64 billion. Buying $1000 In LPLA: If an investor had bought $1000 of LPLA stock 10 years ago, it would be worth $4,531.30 today based on a price of $222.72 for LPLA at the time of writing. LPL Finl Hldgs's Performance Over Last 10 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated c
These eleven large-cap stocks were the worst performers in the last week. Are they in your portfolio? LPL Financial Holdings Inc. (NASDAQ:LPLA) shares tumbled 20.16%. The company announced that financial advisor Alex Williams, CFP, has joined its broker-dealer, RIA, and custodial platforms to launch a new independent practice, Stable Wealth. Advanced Micro Devices (NASDAQ:AMD) stock decreased 17.82%. Shares of semiconductor and hardware stocks are trading lower amid a selloff in the sector, which has gained this year amid AI momentum. Domino’s Pizza Inc (NYSE:DPZ) stock dived 17.78% after the company reported mixed Q2 results. Several analysts cut the price target on the stock.
The most oversold stocks in the financials sector presents an opportunity to buy into undervalued companies. ` The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here's the latest list of major oversold players in this sector, having an RSI near or below 30. Charles Schwab Corporation (NYSE:SCHW) On July 16, Charles Schwab reported second-quarter 2024 results. Adjusted net income
Wells Fargo upgraded LPL Financial from Equal Weight to Overweight and set a new price target of $285.00 from $235.00 previously
Wells Fargo initiated coverage of LPL Financial with a rating of Equal Weight and set a new price target of $235.00
BofA Securities upgraded LPL Financial from Neutral to Buy and set a new price target of $268.00
SC 13G/A - LPL Financial Holdings Inc. (0001397911) (Subject)
SC 13G/A - LPL Financial Holdings Inc. (0001397911) (Subject)
SC 13G/A - LPL Financial Holdings Inc. (0001397911) (Subject)
SAN DIEGO, Oct. 14, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC, announced today that financial advisor Ashton Medina, CFA®, CFP®, has joined LPL Financial's broker-dealer and corporate RIA platforms, aligning with existing firm GradePoint Financial Group. He reported having served approximately $155 million in advisory, brokerage and retirement plan assets* and joins LPL from Synovus Securities. Based in Miami, Fla., Medina is in his fifth year as an advisor following an initial career as a portfolio manager at a private bank. He's committed to delivering a broad spectrum of wealth management and financial planning services, with a focus on education to help his clients better understand
SAN DIEGO, Oct. 09, 2024 (GLOBE NEWSWIRE) -- LPL Financial Holdings Inc. (NASDAQ:LPLA) (the "Company"), the parent corporation of LPL Financial LLC, announced today it will report third quarter financial results after the market closes on Wednesday, October 30. The Company will host a conference call to discuss its results at 5 p.m. ET the same day.The conference call will be accessible and available for replay at investor.lpl.com/events. Contacts Investor [email protected] Media [email protected] About LPL Financial LPL Financial Holdings Inc. (NASDAQ:LPLA) was founded on the principle that the firm should work for advisors and insti
SAN DIEGO, Oct. 09, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC (NASDAQ:LPLA) announced today that financial advisors Michael Caffrey, CRPC®, Derek Keller, CFP®, CPFA®, CRPC®, MBA, and Gabriel Parham have launched a new independent practice, Air Capital Wealth Management, through affiliation with LPL Strategic Wealth Services, a supported independence model. The team reported having served approximately $685 million in advisory, brokerage and retirement plan assets* and joins LPL from Merrill Lynch. Based in Wichita, Kan., known as the Air Capital of the World, the advisors are longtime colleagues who each bring diverse experiences and perspectives to the team. Caffrey was mentored by his
SAN DIEGO, Oct. 09, 2024 (GLOBE NEWSWIRE) -- LPL Financial Holdings Inc. (NASDAQ:LPLA) (the "Company"), the parent corporation of LPL Financial LLC, announced today it will report third quarter financial results after the market closes on Wednesday, October 30. The Company will host a conference call to discuss its results at 5 p.m. ET the same day.The conference call will be accessible and available for replay at investor.lpl.com/events. Contacts Investor [email protected] Media [email protected] About LPL Financial LPL Financial Holdings Inc. (NASDAQ:LPLA) was founded on the principle that the firm should work for advisors and insti
Key Financial Results Net Income was $244 million, translating to diluted earnings per share ("EPS") of $3.23, down 12% from a year agoAdjusted EPS* decreased 2% year-over-year to $3.88 Gross profit* increased 9% year-over-year to $1,079 millionCore G&A* increased 10% year-over-year to $371 millionAdjusted EBITDA* increased 2% year-over-year to $533 million Key Business Results Total advisory and brokerage assets increased 21% year-over-year to $1.5 trillion Advisory assets increased 25% year-over-year to $829 billionAdvisory assets as a percentage of total assets increased to 55.4%, up from 53.3% a year ago Total organic net new assets were $29 billion, representing 8% annualized growth
SAN DIEGO, July 03, 2024 (GLOBE NEWSWIRE) -- LPL Financial Holdings Inc. (NASDAQ:LPLA) (the "Company"), the parent corporation of LPL Financial LLC, announced today it will report second quarter financial results after the market closes on July 25. The Company will host a conference call to discuss its results at 5 p.m. ET the same day. The conference call will be accessible and available for replay at investor.lpl.com/events. Contacts Investor [email protected] Media [email protected] About LPL Financial LPL Financial Holdings Inc. (NASDAQ:LPLA) was founded on the principle that LPL should work for advisors and institutions, and not
SAN DIEGO, Sept. 19, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC, announced today that the advisors with Bury Financial Group have joined LPL Financial's broker-dealer, RIA and custodial platforms. They reported having served approximately $655 million in advisory, brokerage and retirement plan assets* and join LPL from Osaic. President and Managing Partner Todd Bury founded the Youngstown, Ohio-based practice in 1992 while he was a sophomore in college. He earned his financial planning license by age 20 and steadily grew his client base, operating as a one-man shop for more than a decade. In 2006, Bury partnered with Vice President/ Managing Partner Brian Laraway, who shared his values an
SAN DIEGO, Sept. 16, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC, announced today that financial advisors Kultar S. "Sid" Bindra, CFP®, and Steven Alvarez have joined LPL's employee advisor channel, Linsco by LPL Financial, to launch The Bindra Group. They reported serving approximately $300 million in advisory, brokerage and retirement plan assets* and join LPL from Truist Financial. Based in Tampa, Fla., Bindra's path to wealth management started in college when he worked 56 hours a week selling phones. "I didn't have financial aid or qualify for a grant due to my family's pending immigration status, so I worked seven days a week to save for my education," Bindra said. "I learned all a
SAN DIEGO, Sept. 03, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC, a leader in the wealth management industry, announces the appointment of Tom Gannon as executive vice president and chief advocacy officer. Gannon, who brings more than 25 years of extensive experience in government relations across various financial services companies to LPL, will report to Althea Brown, chief legal officer, and will oversee an established team of policy analysts and lobbyists. In his new role, Gannon will spearhead LPL's government relations efforts at federal, state and local levels and lead the firm's political action committee (PAC) and the LPL 50 State Advocacy Network. He will work closely with policy