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Fly News Breaks for January 7, 2016
PSA
Jan 7, 2016 | 06:40 EDT
Baird analyst RJ Milligan upgraded Public Storage to Outperform and increased its price target to $272 from $256 on shares. Milligan said Public Storage's "bullet proof" balance sheet and short lease durations position the company as one of the most defensive names in the REIT space, but with one of the highest FFO growth rates.
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