Bank of America initiated coverage and reduced price targets for Pershing Square stock.

The entities involved

• Bank of America →

  American multinational banking and financial services corporation

  • Goldman Sachs, Morgan Stanley, JPMorgan Chase, and Bank of America are competing in the global investment banking sector.Mon 17:24
  • Both Bank of America and Deloitte have addressed current treasury management trends.Mon 14:26
• Pershing Square →

  park in downtown Los Angeles

  • Pershing Square added Uber Technologies as a new holding on August 18, 2026.Thu 19:57
  • The fund is currently heavily invested in Uber, which is negatively impacting its performance.Thu 19:57
• Jefferies Financial Group →

  American financial services company

  • Apple Inc. stock is traded on Nasdaq, and Jefferies Financial Group restated a hold rating on the company.Mon 17:22
  • Jefferies reaffirmed Amazon's stock buy rating on June 18, 2026.Mon 12:11

Related events

• Analyst firm provides price targets and ratings for Tigress Financial, involving Pershing Square, on September 9, 2026.Sep 9
• Pershing Square initiated a position in S&P Global on August 19, 2026.Aug 19
• Pershing Square invested in Intercontinental Exchange Inc. on August 19, 2026.Aug 19
• Bill Ackman built a $2.4 billion stake in Microsoft. Pershing Square sold its holding in Google parent Alphabet and increased its holding in Microsoft. Amazon was part of the tech quartet.Sep 20
• Bank of America raised its price target on Affirm.Aug 28