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Interactive Brokers price target lowered to $80 from $81 at Barclays

Barclays lowered the firm’s price target on Interactive Brokers (IBKR) to $80 from $81 and keeps an Overweight rating on the shares. The company reported a Q3 earnings beat, driven by outsized securities lending revenue and lower expenses, the analyst tells investors in a research note. The firm believes Interactive Brokers is seeing solid momentum.

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