B. Riley Securities Reiterates Buy on Abacus Life, Raises Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities has reiterated its Buy rating on Abacus Life (NASDAQ:ABL) and increased the price target from $15 to $16, indicating confidence in the company's future performance.
August 29, 2024 | 2:28 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
B. Riley Securities has reiterated its Buy rating on Abacus Life and increased the price target from $15 to $16, suggesting a positive outlook for the company's stock.
The reiteration of a Buy rating and an increase in the price target by a reputable analyst firm like B. Riley Securities is likely to boost investor confidence in Abacus Life. This could lead to increased buying activity and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100