LPL Financial’s (LPL) Valuation Readjusted After Recent Rebound

LPL Financial Holdings Inc. (NASDAQ:LPLA) ranks among the best financial stocks to buy according to billionaire Israel Englander. On December 11, UBS began coverage of LPL Financial Holdings Inc. (NASDAQ:LPLA) with a Neutral rating and a $406 price target. The firm noted LPL’s solid brand and prominence in the independent wealth sector as favorable characteristics, and that shares appear fairly valued after recovering from their October lows. UBS anticipates recruitment and organic growth to rebound to t ...