Why Citizens JMP Sees Upside in Pitney Bowes With Market Outperform Rating and Strategic Buybacks

Pitney Bowes Inc. (NYSE:PBI) is one of thebest logistics‑tech stocks to buy now. On December 3, Citizens JMP initiated coverage on Pitney Bowes with a “Market Outperform” rating and set a price target of $13.00 per share. They said the stock has room to run, pointing to what they saw as reasonable valuation estimates for 2027. That included an EV-to-free cash flow multiple of 8.7x and an EV-to-EBITDA multiple of 5.6x. The firm highlighted that Pitney Bowes holds dominant positions in its core segments, r ...