UPDATE: JP Morgan Upgrades LPL Financial Holdings on Positive Trends in Asset Management
January 13, 2014 at 10:29 AM EST
In a report published Monday, JPMorgan analyst Joseph Greff upgraded LPL FInancial Holdings, Inc. (NASDAQ: LPLA ) to Overweight from Neutral, with a price target of $60.00. According to the report, the upgrade is noted as a cheaper way to invest in retail engagement and better equity markets. “We