Market Overview

BMC Reiterates Buy on Pitney Bowes, Reduces PT to $25


BMC reiterated its Buy rating on Pitney Bowes (NYSE: PBI). At the same time, the rating agency reduced its price target on the company's stock from $28 to $25. On Thursday, PBI lost 4.75% of its value to finish the day at $19.64. Its shares rebounded in today's pre-market trading, rising 1.83% to stand around $20.

Posted-In: BMCPrice Target Reiteration Analyst Ratings


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