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IBKR — Interactive Brokers News Story

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Interactive Brokers falls as UBS cuts rating to 'neutral'

BUZZ-Interactive Brokers falls as UBS cuts rating to 'neutral'


** Shares of trading platform Interactive Brokers IBKR.O fall 3.3% to $94 in early trading

** UBS downgrades IBKR to "neutral" from "buy", saying the stock already reflects much of the broker's growth advantages

** Brokerage notes the stock trades at about 26x consensus 2028 EPS, a premium valuation that already prices in its competitive strengths

** Adds that further upside would likely require the company to exceed already demanding investor expectations

** 11 of 15 analysts rate stock "strong buy" or "buy" and four "hold"; their median PT is $109 - data compiled by LSEG

** Including session's move, stock up 46.4% YTD



(Reporting by Pragyan Kalita in Bengaluru)

((Pragyan.Kalita@thomsonreuters.com;))

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