Northcoast Research Downgrades Pitney Bowes (PBI) to Neutral
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Pitney Bowes (PBI) PT Lowered to $14 at Ladenburg Thalmann
February 6, 2019 8:13 AM ESTLadenburg Thalmann analyst Glenn Mattson lowered the price target on Pitney Bowes (NYSE: PBI) to $14.00 (from $16.00) while maintaining a Buy rating.
Mattson commented, "We continue to use a 12.5x multiple on our new $1.14 estimate. We argue that shares have been... More
