Piper Sandler raised the firm’s price target on Abacus Global (ABL) to $12 from $11.50 and keeps an Overweight rating on the shares. The firm notes Abacus reported a core beat driven by revenues and adjusted EBITDA highlighted by a record in capital deployed. In addition, the company reiterated 2025 adjusted net income guidance of $70M to $78M, implying nearly 60% growth in 2025.
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