Abacus Global Management, Inc. (NYSE:ABX) Stock Now Rated "Moderate Buy" by Sell-Side Analysts
MarketBeat
Sell-side analysts have given Abacus Global Management, Inc. (NYSE:ABX) a "Moderate Buy" consensus rating with an average 12-month price target of $12.00, above its current $8.32 share price. The company recently completed a $400 million investment-grade securitization of life-insurance assets, oversubscribed due to strong institutional demand, enhancing its funding capacity and supporting a shift towards recurring revenue. Despite significant insider selling totaling $6.6 million over the past
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