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Fly News Breaks for June 18, 2018
EXR
Jun 18, 2018 | 07:05 EDT
Wells Fargo analyst Todd Stender raised his price target for Extra Space Storage to $104 from $99, citing "fairly solid" Q1 results and recent acquisition volume that could keep fundamental results more elevated in 2018 than previously thought, in the face of a steady stream of new self-storage supply entering the broader market. The analyst reiterates an Outperform rating on the shares.
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