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Interactive Brokers price target raised to $81 from $73 at Barclays

Barclays raised the firm’s price target on Interactive Brokers (IBKR) to $81 from $73 and keeps an Overweight rating on the shares as part of a Q3 earnings preview. Trading activity was “quite robust” through the quarter, and interest earning assets generally grew across the brokers, though the Federal funds are expected to be a larger headwind than previously modeled, the analyst tells investors in a research note.

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