Stock Rating Downgrade
In the last week the Value Trend Rating for LPL Financial Holdings Inc (NASDAQ: LPLA) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
LPL Financial Holdings Inc (NASDAQ: LPLA) stock rose modestly by 0.7% on 9/27/24. The stock closed at $230.86. However, this advance was accompanied by below average trading volume at 79% of normal. The stock has been weak relative to the market over the last nine months but has risen 4.5% during the last week.
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 C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. LPL Financial Holdings has a good Appreciation Score of 80 but a neutral Power Rating of 43, with the High Neutral Value Trend Rating the result.
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