Pitney Bowes Still Has Attractive Upside
Pitney Bowes Inc. is rated a Buy as it shows signs of a successful turnaround. The company reported $43.5 million in quarterly free cash flow and increased its dividend by 11.1%. Management has set ambitious targets for free cash flow and operational improvements in the coming years.
- ▪Pitney Bowes delivered $43.5 million in quarterly free cash flow.
- ▪The company raised its dividend by 11.1% to $0.10.
- ▪Management targets $345–$380 million in free cash flow for 2026.
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