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LPL Financial price target raised to $284 from $282 at Jefferies

Jefferies raised the firm’s price target on LPL Financial to $284 from $282 and keeps a Buy rating on the shares. Ahead of Q3 reports from the U.S. broker and wealth advisor group, the firm says its EPS estimates “were biased moderately lower” and notes that cash deposit levels “have yet to find a bottom.”

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