Information Provided By:
Fly News Breaks for September 4, 2015
PSA
Sep 4, 2015 | 06:23 EDT
Raymond James upgraded Public Storage to Outperform and established a $220 price target due to a strong capital structure and the recent pullback in shares.
News For PSA From the Last 2 Days
PSA
Mar 28, 2024 | 04:47 EDT
Raymond James analyst Jonathan Hughes double upgraded Public Storage to Strong Buy from Market Perform with a $330 price target. The analyst believes the company's recent revenue growth outperformance can be sustained versus peers due to more rent upside after less-aggressive rate increases over the past several years. The firm also expects Public Storage's revenue growth to inflect positively by mid-year, likely sooner than peers.
PSA
Mar 26, 2024 | 16:29 EDT
Barclays initiated coverage of Public Storage with an Overweight rating and $330 price target.