Goldman Sachs Upgrades Interactive Brokers Gr to Buy, Raises Price Target to $102
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst James Yaro has upgraded Interactive Brokers Group (IBKR) from Neutral to Buy and increased the price target from $88 to $102.
January 09, 2024 | 10:14 am
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POSITIVE IMPACT
Interactive Brokers Group was upgraded by Goldman Sachs from Neutral to Buy, with a raised price target from $88 to $102.
Analyst upgrades typically lead to a positive short-term reaction in the stock market as they suggest improved performance or potential of the company. The increase in price target further reinforces the positive outlook, likely leading to increased investor confidence and a potential rise in the stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100