Pitney Bowes (PBI) NewsBite - PBI Downgraded By Goldman Sachs





Pitney Bowes (PBI) was downgraded today by analysts at Goldman Sachs and the stock is now at $25.20, down $0.67 (-2.59%) on volume of 702,676 shares traded. The analysts reduced PBI to Sell from Neutral. Over the last 52 weeks the stock has ranged from a low of $17.62 to a high of $27.46. Pitney Bowes stock has been showing support around $25.23 and resistance in the $26.73 range. Technical indicators for the stock are bullish and S&P gives PBI a positive 4 STARS (out of 5) buy ranking. We will just watch this one for now. There are no hedged trades we like the look of for PBI. [ABR-Seven Summits Strategic Investments NewsBite]



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