Pershing Square (PS) news

Pershing Square Inc: Citigroup cuts to neutral from buy

Citigroup has revised its stance on Pershing Square Inc. (PS), downgrading the stock from a "buy" to "neutral," according to recent reports. The firm had previously initiated coverage of PS with a "buy" rating and a $50 price target, implying over 40% upside from IPO price in April 2026. However,…

Pershing Square says it exited position in Hertz

Pershing Square Capital Management has announced the exit of its position in Hertz Global Holdings (HTZ) as part of its portfolio reallocation strategy. The firm previously highlighted Hertz as a "leading vehicle rental provider in the early stages of a turnaround with asymmetric upside" in its…

GFH Financial Group: Looking ahead to H2, we will remain focused on growing fee-generating assets

GFH Bank B.S.C. reported strong financial performance for the first half of 2026, with net profit rising 13.33% year-on-year to US$76.20 million. This growth was driven by robust contributions from Wealth and Investment Management and Credit and Financing income, which increased by 48.37% and…

Pershing Square Holdings 1H NAV per share declined 12.6%

Pershing Square Holdings 1H NAV per share declined 12.6%

Pershing Square Holdings, Ltd. (LN:PSH) reported a 12.6% decline in its net asset value (NAV) per share for the first half of 2026, reflecting a challenging performance environment. As of July 31, 2026, the NAV per share was reported at $77.10, down from earlier levels in the year. The decline is…