🟢 PS is trading 4.2% up today after UBS initiated coverage with a $39 price target

PS is trading 4.2% up at $37.18 after UBS initiated coverage with a Neutral rating and a $39 price target, providing a fresh catalyst for the stock.

• The new coverage and price target offer investors a clear valuation reference point, supporting a rebound following several consecutive down days.
• Shares are currently outperforming the broader markets, which are trading mixed as investors digest the new analyst outlook.