Interactive Brokers Has An 'Insulated And Attractive Growth Profile,' Says Bullish Analyst
Portfolio Pulse from Priya Nigam
UBS analyst Brennan Hawken has initiated coverage of Interactive Brokers Group, Inc. (NASDAQ:IBKR) with a Buy rating and a price target of $113. Hawken highlighted the company's growth potential despite softening retail volumes in the industry, citing its automated trading platform's rapid growth in client assets, industry-leading profitability, and successful onboarding of institutional accounts.
October 03, 2023 | 4:11 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
UBS analyst Brennan Hawken has initiated coverage of Interactive Brokers with a Buy rating and a price target of $113, highlighting the company's growth potential and industry-leading profitability.
The positive coverage from UBS analyst Brennan Hawken, including a Buy rating and a price target of $113, is likely to boost investor confidence in Interactive Brokers. Hawken's emphasis on the company's growth potential and industry-leading profitability further strengthens the positive outlook for the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100