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Fly News Breaks for February 4, 2019
PBI
Feb 4, 2019 | 06:51 EDT
Loop Capital analyst Ananda Baruah kept his Hold rating and $8 price target on Pitney Bowes ahead of its earnings tomorrow, but says the company remains well positioned "to generate consistent organic revenue growth". The analyst cites the company's recent combination of divestitures and acquisitions, adding that its valuation may also prove to be "very attractive" at less than 5-times earnings and free cash flows multiple.
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