Interactive Brokers Group (IBKR) PT Raised to $116 at BofA Securities
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Rating Summary:
11 Buy, 9 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 10 | Down: 13 | New: 24
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BofA Securities analyst Craig Siegenthaler raised the price target on Interactive Brokers Group (NASDAQ: IBKR) to $116.00 (from $114.00) while maintaining a Buy rating.
The analyst comments "We increased our 2026/2027/2028 EPS estimates modestly to $2.75/$3.43/$3.87 from $2.72/$3.28/$3.80 reflecting a higher account growth forecast, while we reduced our 3Q26 EPS modestly to $0.69 from $0.71 due to lower average commission per cleared trade. Our $116 PO (previously $114) is based on a 30x multiple (unchanged) on our 2028 EPS. Reiterate Buy."
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