BMO Capital raised the firm’s price target on Interactive Brokers (IBKR) to $84 from $82. The firm is citing the company’s Q3 earnings beat and “strong” continued total account growth, with DARTs up 2% from Q2, the analyst tells investors in a research note. Interactive Brokers’ net interest income also increased 12% from Q2, driven by strong growth in customer margin loans and securities loaned, the firm added.
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