Citizens raised the firm’s price target on Pitney Bowes (PBI) to $17 from $14 and keeps an Outperform rating on the shares. Pitney Bowes is viewed positively due to improving performance under CEO Kurt Wolf, with strength across core segments, rising guidance, and strong market leadership supporting future pricing power, the analyst tells investors in a research note. Additional tailwinds include easing headwinds in 2026, aggressive share and debt repurchases boosting per-share value, and strong alignment between management and shareholders, reinforcing confidence in continued upside, the firm says.
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Read More on PBI:
- Pitney Bowes reports preliminary Q1 adjusted EPS 47c, consensus 37c
- Pitney Bowes raises FY26 adjusted EPS view $1.50-$1.65 from $1.40-$1.60
- Pitney Bowes price target raised to $14 from $13 at Citizens
- Pitney Bowes Completes $150 Million Senior Notes Offering
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