Barclays raised the firm’s price target on Interactive Brokers (IBKR) to $83 from $82 and keeps an Overweight rating on the shares. The company’s Q4 earnings beat by 9%, with a sales and margin beat, and a lower tax rate adding a couple pennies. Interactive’s tone on the enrings call “was quite confident, with management suggesting there is no reason account growth should slow,” the analyst tells investors in a research note.
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