NYSE:PBICommercial Services
Will New Analyst Coverage Reframe Pitney Bowes’ Turnaround Narrative and Capital Priorities (PBI)?
In recent days, Truist Securities initiated coverage on Pitney Bowes with a Hold rating and US$11.00 price target, joining Citizens and Goldman Sachs, which also began covering the company with differing views on its outlook and positioning.
This cluster of analyst initiations highlights growing attention on CEO Kurt Wolf’s turnaround efforts, including cost savings, improved profitability, and an ongoing strategic review expected to clarify future capital allocation.
We’ll now explore how...