Goldman Sachs analyst Caitlin Burrows lowered the firm’s price target on Extra Space Storage (EXR) to $174 from $175 and keeps a Buy rating on the shares. The firm is updating its model after the company’s Q4 results that included its move in rates, occupancy, and demand as well as its 2025 guidance and bridge loan program, the analyst tells investors in a research note. Goldman sees the REIT’s core FFO growth improving slightly to 1.5% in 2025, the firm adds.
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Read More on EXR:
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