Barclays analyst Benjamin Budish raised the firm’s price target on LPL Financial (LPLA) to $379 from $378 and keeps an Overweight rating on the shares as part of a Q4 preview for the brokers group. Trading activity and account formation generally remained “robust,” and at Robinhood (HOOD) in particular Barclays sees a “very strong beat likely in the quarter,” the analyst tells investors in a research note. The firm continues to be constructive across its brokers coverage into 2025.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LPLA:
- LPL Financial price target raised to $385 from $310 at Citi
- LPL Financial: Lewellyn Wealth joins broker-dealer, RIA, custodial platforms
- LPL Financial upgraded to Overweight from Neutral at JPMorgan
- UBS upgrades LPL Financial on more bullish environment
- LPL Financial: John Somerville joins Linsco by LPL Financial