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.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ANDG:
- Andersen Group: Strong Fundamentals and Niche Positioning Already Priced In, Justifying Equal-Weight Rating
- Andersen: Undervalued High-Growth Advisory Franchise With Compelling Risk‑Reward and Margin Upside to 2027
- Andersen Group initiated with an Equal Weight at Morgan Stanley
- Andersen Group, Inc. (ANDG): Conflict‑Free Advisory Model, Sustained Organic Growth, and Acquisition Upside Support Buy Rating and $40 Price Target
- Andersen Group initiated with an Outperform at Baird
