FBR Capital Markets reiterated its Outperform rating for TradeStation Group (TRAD), citing the company's November client metrics.
The firm also kept its $9.00 price target for the stock.
In a note to clients, FBR stated that while TradeStation deserves a discount to competitors due to its less diversified revenue stream, "we would view TradeStation as one of the biggest beneficiaries in the group should rates begin to move higher."
Before the opening bell, the company said that it saw a 6.1 percent sequential decline in daily average revenue trades in November. However, assets were up 1.1 percent from the end of October and the decline in volatility over November suggested that trading activity may have been front-loaded during the month.
TradeStation is lower on Wednesday, slipping 5 cents to $7.24 in mid-day trading. Last week, the stock reached its lowest level in more than 2 months.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.