Piper Sandler analyst Crispin Love raised the firm’s price target on Abacus Global (ABX) to $10 from $9.50 and keeps a Neutral rating on the shares. The firm notes Abacus posted a core beat versus Piper’s estimates, but was slightly below the Street. However, the company raised its 2026 guidance with the updated adjusted net income guidance midpoint now at $103M, above the prior mid-point of $100M.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ABX:
- Abacus Global sees FY26 adjusted EPS $1.00-$1.05, consensus 98c
- Abacus Global Management Lifts 2026 Outlook After Strong Q1
- Abacus Global reports Q1 adjusted EPS 21c, consensus 21c
- Abacus Global sees Q2 adjusted EPS 24c-26c, consensus 24c
- Oracle upgraded, Planet Fitness downgraded: Wall Street’s top analyst calls