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.
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