Citi opens ‘positive 30-day catalyst watch’ on Interactive Brokers

Citi analyst Christopher Allen opened a "positive 30-day catalyst watch" on Interactive Brokers in anticipation of a Q4 earnings beat and positive earnings revisions. Interactive should continue to see a material positive benefit from rising rates in the near term, Allen tells investors in a research note. He keeps a Buy rating on the shares with an $85 price target.