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Fly News Breaks for August 19, 2019
EXR
Aug 19, 2019 | 16:19 EDT
Stifel analyst Stephen Manaker initiated Extra Space Storage with a Buy rating and a price target of $131, saying the stock is priced "attractively" as a growth story. The analyst cites the REIT's "well-located portfolio, strong operating platform, and a cohesive team", adding that while the management anticipates slow acquisition volume because of "unattractive pricing", the company's platform is growing in other ways.
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