Barclays analyst Benjamin Budish raised the firm’s price target on Interactive Brokers (IBKR) to $193 from $188 and keeps an Overweight rating on the shares post the Q1 report. The company’s margin balances declined 12% into April and net interest income came in a bit light versus consensus, but otherwise activity continues to be quite robust on the platform, and Barclays would be buyers on any weakness in shares, 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>>
Read More on IBKR:
- Interactive Brokers Reports Strong Q1 2025 Results
- Closing Bell Movers: Nvidia sags on disclosure of China export charge
- IBKR Earnings: Interactive Brokers Posts Mixed Financial Results and Announces Stock Split
- Interactive Brokers declares four-for-one forward stock split
- Interactive Brokers reports Q1 EPS $1.88, consensus $1.93