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Fly News Breaks for December 7, 2015
PSA
Dec 7, 2015 | 09:19 EDT
As noted earlier, KeyBanc upgraded Public Storage to Sector Weight from Underweight. The firm thinks the company's platform is strong, while it's "poised to deliver outsized cash flow/dividend growth in 2016." The firm expects the company to benefit from rent increases. . It upgraded the stock in conjunction with its upgrade of the self storage sector to Sector Weight from Underweight. KeyBanc upgraded the sector based on its belief that its growth trends should remain stable.
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