Applying for Junior Internships but at Top Firm for Sophomore Summer

I am a student at a target and was lucky enough to get an offer for sophomore summer at a top BB. Assuming I have a good experience, I would strongly consider accepting the return offer for junior summer; however, I don't expect to hear back about a return until late summer. Because of this uncertainty, is it fine to be applying and recruiting for the summer analyst positions that are opening up applications right now? Is there a possibility that word might get back to the firm where I am interning and could have negative repercussions?

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