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Wall Street Analysts Are Bullish on Top Financial Picks

Tipranks - Tipranks - Fri Apr 24, 6:34AM CDT

There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on First Bancorp Puerto Rico (FBP) and Abacus Global Management (ABX) with bullish sentiments.

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First Bancorp Puerto Rico (FBP)

UBS analyst Timur Braziler maintained a Buy rating on First Bancorp Puerto Rico today and set a price target of $26.00. The company’s shares closed last Wednesday at $23.67.

According to TipRanks.com, Braziler is a 4-star analyst with an average return of 8.6% and a 62.5% success rate. Braziler covers the Financial sector, focusing on stocks such as First Interstate Bancsystem, Pinnacle Financial Partners, and Metropolitan Bank Holding. ;'>

Currently, the analyst consensus on First Bancorp Puerto Rico is a Moderate Buy with an average price target of $25.67, a 6.5% upside from current levels. In a report released yesterday, TipRanks – xAI also reiterated a Buy rating on the stock with a $26.00 price target.

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Abacus Global Management (ABX)

Northland Securities analyst Michael Grondahl reiterated a Buy rating on Abacus Global Management today and set a price target of $13.50. The company’s shares closed last Wednesday at $9.26.

According to TipRanks.com, Grondahl is a 5-star analyst with an average return of 13.2% and a 45.1% success rate. Grondahl covers the Financial sector, focusing on stocks such as HIVE Digital Technologies, Medallion Financial, and OneMain Holdings. ;'>

Abacus Global Management has an analyst consensus of Strong Buy, with a price target consensus of $13.00, representing a 38.3% upside. In a report issued on April 8, TipRanks – Google also reiterated a Buy rating on the stock with a $9.00 price target.

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