LPL Financial: Maintaining Our Fair Value Estimate of $357; Shares Modestly Overvalued
We are maintaining our fair value estimate for LPL Financial of $357. Our fair value estimate correlates to a price/forward adjusted earnings multiple of 20 times and an enterprise value/EBITDA ...
Raymond James: Revenue Stream Diversification Enables Growth Amid Lower Interest Rates
Lower interest rates over the next several years will stifle net interest income growth. The company may have a greater opportunity to recruit advisors as it fills holes in its geographic footprint ...