LPL Financial Holdings Inc (NASDAQ:LPLA) on Thursday reported better-than-expected second-quarter financial results.LPL Finl reported quarterly earnings of $5.60 per share which beat the analyst consensus estimate of $5.40 per share. The company reported quarterly sales of $5.186 billion which beat the analyst consensus estimate of $4.995 billion.LPL Financial shares gained 4.6% to $355.00 in pre-market trading.These analysts made changes to their price targets on LPL Financial following earnings announcement.
Keefe, Bruyette & Woods analyst Chris Allen maintained the stock with an Outperform rating and raised the price target from $365 to $390.
Barclays analyst Benjamin Budish maintained the stock with an Overweight rating and raised the price target from $394 to $401.
