Citizens Initiates Coverage on Pitney Bowes with Market Outperform Rating, Sets New Price Target of $13.00 USD.

Citizens initiates coverage on Pitney Bowes (PBI) with a 'Market Outperform' rating and sets a new price target of $13.00 USD. This contrasts with Goldman Sachs' earlier 'Neutral' rating. PBI provides SaaS shipping solutions, mailing innovation, and financial services globally. The average target price for PBI is $14.00 with a high estimate of $17.00 and a low estimate of $11.00, indicating an upside of 41.92% from the current price. The average brokerage recommendation is currently 3.0, indicating "Hold" status.