Abacus Global Management, Inc. (NASDAQ:ABL) Maintains Overweight Rating and Prepares for NYSE Transition

Core Viewpoint - Abacus Global Management, Inc. is making strategic moves to enhance shareholder value, including a transition of its stock listing from Nasdaq to NYSE and an increase in price target by Piper Sandler, indicating potential growth for investors [1][2][5]. Group 1: Stock Performance and Ratings - Piper Sandler maintains an "Overweight" rating for Abacus Global Management, raising the price target from $9 to $11, while the current stock price is $8.50, suggesting potential growth [1][5]. - The current stock price of ABL is $8.49, reflecting a slight decrease of 0.18% with a change of $0.015, and has fluctuated between $8.38 and $8.7 today [4]. Group 2: Stock Listing Transition - Abacus is transitioning its Class A common stock listing from Nasdaq to the New York Stock Exchange (NYSE), with trading expected to start on December 30, 2025, under the new ticker "ABX" [2][5]. - The company's 9.875% Fixed Rate Senior Notes will also move to the NYSE, expected to trade under the symbol "ABXL" starting December 30, 2025, as part of a broader strategy to increase market presence [3][5]. Group 3: Market Capitalization and Trading Volume - Abacus Global Management has a market capitalization of approximately $830.41 million and a trading volume of 436,740 shares on Nasdaq [4]. - Over the past year, ABL has seen a high of $9.61 and a low of $4.6, indicating significant volatility in its stock performance [4].