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Pershing Square Inc. (PS) Receives a Hold from Wells Fargo
In a report released today, Robert P. Ryan from Wells Fargo assigned a Hold rating to Pershing Square Inc., with a price target of $37.00.
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According to TipRanks, P. Ryan is ranked #7124 out of 12239 analysts.
In addition to Wells Fargo, Pershing Square Inc. also received a Hold from Jefferies’s Daniel Fannon in a report issued on May 26. However, on the same day, Citi initiated coverage with a Buy rating on Pershing Square Inc. (NYSE: PS).
Based on the recent corporate insider activity of 14 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of PS in relation to earlier this year.
Read More on PS:
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- Largest borrow rate increases among liquid names
- Universal Music repurchases 14.16M shares for EUR 250M from Pershing Square
- Bill Ackman Sells Stake in Universal Music Group (UMG) after Takeover Bid Is Rejected
- Pershing to exit Universal Music stake with sale of 80.6M shares, Bloomberg says
- Pershing selling 80.6M shares in Universal Music, Bloomberg reports
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