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Fly News Breaks for May 3, 2018
PBI
May 3, 2018 | 07:50 EDT
Loop Capital analyst Ananda Baruah lowered his price target on Pitney Bowes to $10 but kept his Hold rating on adjustment for the sale of the company's Production Mailing business. The analyst expects the company's long-term revenue growth to sustain its high-single-digit rate with operating margins remaining in the mid-teens.
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