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Fly News Breaks for April 25, 2016
PSA
Apr 25, 2016 | 07:14 EDT
Goldman analysts led by Andrew Rosivach downgraded Public Storage to Sell and maintained his $244 price target citing lower financial leverage earnings sensitivity. The analyst sees much smaller expected upside surprise to estimates revisions, limited upside to 2016 same store revenue growth estimates of 6.2%, smaller relative balance sheet advantage than previously, and peak valuation.
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