BofA upgrades Interactive Brokers to Buy, sets $114 target
BofA upgraded Interactive Brokers Group (IBKR) to Buy and set a $114 target, citing higher trading velocity, more margin use and potential cash-sweep shifts. BofA’s head David Friedland said client risk appetite is steady and demand is strong at the KBFG Korea Conference.
This is a real-time flash headline. A verified provider body is not available, so SquawkNews does not present it as a full article.