FTSE 100 news / Companies and sectors / Pershing Square Holdings / 18 October 2026
Pershing Square Holdings (PSH): news on Sunday 18 October 2026
−7.5 strongly negative
Coverage centred on a Citi downgrade to sell, with a price target of $45 against a $60 peak, which weighs on the outlook. The other headlines were generic or not relevant news.
What drove it
- Citi downgrade
- valuation concerns
The 1 story
- −7.5 Citi Just Downgraded Bill Ackman's Pershing Square Stock to Sell, Citing a $45 Price Target Versus Its $60 Peak. Is PS Stock Overvalued After Its April IPO Rally?
Citi downgrade to sell with price target well below peak.
Pershing Square Holdings: every day · Financial services on 18 October 2026 · FTSE 100 overview for the day