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Andersen Group initiated with a Buy at UBS

UBS analyst Kevin McVeigh initiated coverage of Andersen Group (ANDG) with a Buy rating and $28 price target implying 20% upside potential. The firm believes the market is not capturing the impact of the company’s revenue growth and future productivity as well as its growing potential international opportunity. Andersen is well positioned for 13% organic revenue annually growth through 2027, the analyst tells investors in a research note.

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