Interactive Brokers price target raised to $136 from $132 at Barclays

Barclays raised the firm’s price target on Interactive Brokers to $136 from $132 and keeps an Overweight rating on the shares following the Q1 report. With interest rates higher-for-longer, expense growth likely slowing through the year, trading activity robust, and now a higher dividend, “think there was a lot to like in Q1,” the analyst tells investors in a research note.