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Fly News Breaks for August 22, 2016
PSA
Aug 22, 2016 | 06:36 EDT
Evercore ISI analysts led by Steve Sakwa upgraded Public Storage to Hold saying shares have severely underperformed year-to-date and its $228 price target implies a total return of approximately 5%.
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.