Andersen Group price target raised to $42 from $32 at Truist

Truist raised the firm’s price target on Andersen Group (ANDG) to $42 from $32 and keeps a Buy rating on the shares. The company’s second quarter as a public name once again delivered revenue and EBITDA above consensus, the analyst tells investors in a research note, adding that Truist expects Andersen to continue to pursue M&A in order to increase scale, capture synergies and deepen client relationships.