Northland analyst Mike Grondahl initiates coverage on Cohen & Company (NYSE: COHN) with a Outperform rating and a price target of $20.00.

The analyst comments "We are initiating coverage on COHN with an OP rating and a $20 PT. COHN is a full-service investment bank that specializes in M&A, capital markets, and SPAC advisory services, with an emphasis on frontier tech / AI companies. COHN has rapidly scaled its platform in recent years from a niche advisory franchise into a diversified capital markets firm, with revenues growing from $44.4M in FY22 to $275.6M in FY25."

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Shares of Cohen & Company closed at $13.10 yesterday.