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Pershing Square Inc. (PS) Initiated with a Buy at JonesTrading

Tipranks - Thu Jul 9, 5:42AM CDT

Pershing Square Inc. received a Buy rating and a $39.00 price target from JonesTrading analyst today.

55% Off TipRanks

Currently, the analyst consensus on Pershing Square Inc. is a Moderate Buy with an average price target of $42.00.

Based on Pershing Square Inc.’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $57.51 million and a GAAP net loss of $147.59 million.

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.

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