macro

LPL Financial: TD Cowen cuts price target to $356 from $380

TD Cowen lowered its price target on LPL Financial shares to $356 from $380, according to Dow Jones Newswires citing Benzinga ratings data.

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what happened

TD Cowen cut its price target on LPL Financial Holdings to $356 per share from $380, according to Dow Jones Newswires, which cites Benzinga's ratings data. The report does not give reasons for the revision.

Separately, JP Morgan lowered its target on the same stock to $413 from $445 and kept its Overweight rating. Both moves are routine rating actions by individual analysts.

why it matters

Price target changes like these usually reflect revised expectations for the company's earnings or for the wider sector. For the market, they signal analyst sentiment, but a single bank's decision rarely moves the shares of a large brokerage much.

tags

instruments

LPL Financial

sources

  1. LPL Financial Holdings Price Target Cut to $356.00/Share From $380.00 by TD Cowen — Dow Jones Newswires, 28 October 2026 at 16:59 UTC
  2. LPL Financial Holdings Price Target Cut to $413.00/Share From $445.00 by JP Morgan — Dow Jones Newswires, 28 October 2026 at 19:55 UTC

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