Interactive Brokers price target raised to $73 from $65 at Barclays

Barclays raised the firm’s price target on Interactive Brokers (IBKR) to $73 from $65 and keeps an Overweight rating on the shares. The company reported a Q2 earnings beat, driven by both stronger commissions and net interest income, the analyst tells investors in a research note. The firm says Interactive’s momentum “seems to have significant inertia.”