Revisiting LPL Financial Holdings (LPLA) Valuation After Recent Pullback From Record Highs
LPL Financial Holdings (LPLA) has seen a recent pullback from record highs, offering a chance to reassess its valuation. Despite a 6.23% drop in the last month, its 5-year return is 270.14%. Analysts suggest LPL is 15.6% undervalued, with a fair value of $420.93. However, risks include fee compression and cash sweep income drops. The stock trades at a high PE ratio, indicating potential downside risk. Investors are encouraged to explore further investment opportunities and risks.
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