-
Posted by
Two Blokes Jul 26 -
Filed in
Stock
-
4 views
Pitney Bowes' activist-led turnaround has sent PBI shares up by nearly fourfold over the past two years, but further upside may remain. Much suggests upcoming quarterly results and updates to guidance will be well-received by the market, and further improvements to earnings could send the stock towards $20 per share. Although a recently announced "strategic review" may limit potential upside, don't assume that Pitney Bowes will soon be sold to a financial or strategic buyer.
