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why Pitney Bowes Inc. [PBI] is a Good Choice for Investors After New Price Target of $7.10


April 7, 2021
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Pitney Bowes Inc. [NYSE: PBI] jumped around 0.5 points on Thursday, while shares priced at $7.73 at the close of the session, up 6.92%. The company report on December 29, 2020 that Pitney Bowes Announces Pricing Update for Delivery Services as Parcel Volumes Continue to Surge into 2021.
Pitney Bowes Inc. (NYSE:PBI), a global technology company that provides commerce solutions in the areas of ecommerce, shipping, mailing and financial services, announced that pricing adjustments implemented on its Standard and Cross Border Delivery services during the peak 2020 shipping season will be reinstated effective January 25, 2021 to account for unprecedented parcel volumes and COVID-19-related operating expenses continuing into the new year. The pricing will remain in effect until further notice. ....

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Pitney Bowes Announces Pricing Update for Delivery Services as Parcel Volumes Continue to Surge into 2021


Press release content from Business Wire. The AP news staff was not involved in its creation.
Pitney Bowes Announces Pricing Update for Delivery Services as Parcel Volumes Continue to Surge into 2021
December 29, 2020 GMT
STAMFORD, Conn. (BUSINESS WIRE) Dec 29, 2020
Pitney Bowes Inc. (NYSE:PBI), a global technology company that provides commerce solutions in the areas of ecommerce, shipping, mailing and financial services, today announced that pricing adjustments implemented on its Standard and Cross Border Delivery services during the peak 2020 shipping season will be reinstated effective January 25, 2021 to account for unprecedented parcel volumes and COVID-19-related operating expenses continuing into the new year. The pricing will remain in effect until further notice. ....

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Pitney Bowes To Reinstate Pricing Adjustments Implemented During The Peak 2020 Shipping Season


Pitney Bowes To Reinstate Pricing Adjustments Implemented During The Peak 2020 Shipping Season
WASHINGTON (dpa-AFX) - Technology company Pitney Bowes Inc. (PBI) announced Tuesday that pricing adjustments implemented on its Standard and Cross Border Delivery services during the peak 2020 shipping season will be reinstated effective January 25, 2021 to account for unprecedented parcel volumes and COVID-19-related operating expenses continuing into the new year.
The pricing will remain in effect until further notice. The company said increased labor and transportation costs, in addition to safety measures arising from the pandemic will continue to add operating costs for the foreseeable future.
After a record year for delivery volumes in 2020, the company anticipates the pace of those volumes to continue well into 2021 and beyond. ....

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