LPL Financial Holdings Inc (NASDAQ: LPLA) has recently experienced extremely important negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, the stock fell on very heavy volume, and negative upside/downside volume developed.
In light of these highly negative signals we are reviewing our current Overall Rating of A. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
LPLA is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
LPL Financial Holdings has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. LPL Financial Holdings has a good Appreciation Score of 74 and a very high Power Rating of 85, leading to the Highest Value Trend Rating.
Recent Price Action
LPL Financial Holdings Inc (NASDAQ: LPLA) stock suffered a large decline of -5.6% on 7/17/24. The stock closed at $226.10. Moreover, trading volume in this decline was exceptionally high at 547% of normal. Relative to the market the stock has been strong over the last nine months but has declined -17.2% during the last week.
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