$Pershing Square(PS.US) | BofA Securities 𝐢𝐧𝐢𝐭𝐢𝐚𝐭𝐞𝐬 𝐏𝐞𝐫𝐬𝐡𝐢𝐧𝐠 𝐒𝐪𝐮𝐚𝐫𝐞 with a 𝐍𝐞𝐮𝐭𝐫𝐚𝐥 rating, sets 𝐏𝐓 𝐚𝐭 $𝟒𝟐
Analyst highlights Pershing Square's unique 'baby Buffett' model, noting its permanent capital structure allows it to avoid forced-selling and earn fees on fund appreciation.
