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Fly News Breaks for December 10, 2018
IBKR
Dec 10, 2018 | 07:14 EDT
Wells Fargo analyst Christopher Harris lowered his price target for Interactive Brokers to $46 from $52 saying growth is slowing. The analyst remains cautious on the stock given the weakening trends in its core business, its exposure to Asia and its high relative valuation. He reiterates an Underperform rating on the shares.
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