Piper Sandler analyst Patrick Moley raised the firm’s price target on Interactive Brokers (IBKR) to $88 from $80 and keeps an Overweight rating on the shares. The firm notes shares are trading down after hours following in-line Q1 EPS. Piper remains bullish on Interactive Brokers as year-over-year account growth continues tracking above 30% and the pretax margin remains in the high-70s.
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