Barclays raised the firm’s price target on Interactive Brokers to $110 from $106 and keeps an Overweight rating on the shares. The analyst updated brokers, asset managers and exchange models for Q3 given the intra-quarter metrics. Volatility was quite low for most of the quarter, while share shifts and idiosyncratic events drove other changes, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on IBKR:
- Interactive Brokers price target raised to $118 from $115 at Piper Sandler
- HP Inc. upgraded, Airbnb downgraded: Wall Street’s top analyst calls
- Interactive Brokers initiated with a Buy at UBS
- Interactive Brokers reports September DARTs down 8% y/y
- Interactive Brokers, Fifth Third among firms charged for recordkeeping failures
