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Interactive Brokers price target raised to $152 from $147 at BofA

BofA raised the firm’s price target on Interactive Brokers to $152 from $147 and keeps a Buy rating on the shares. A strong macroeconomic backdrop given rising equity markets, expectations of fewer Fed cuts and accelerating retail engagement led Interactive to generate record profits in Q1, the analyst tells investors. The firm raised its Q2, 2025 and 2026 adjusted EPS forecasts following the report due to a higher rate assumption and retail reengagement.

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