Barclays lowered the firm’s price target on Extra Space Storage (EXR) to $181 from $184 and keeps an Overweight rating on the shares. The firm slightly lowered self-storage estimates to reflect soft demand, lingering supply pressure, and “muted” expectations for seasonal demand compared to last year.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EXR:
- Extra Space Storage price target lowered to $174 from $175 at Goldman Sachs
- Extra Space Storage price target lowered to $165 from $167 at Scotiabank
- Extra Space Storage Earnings Call: Strategic Growth Amid Challenges
- Extra Space Storage price target lowered to $163 from $167 at RBC Capital
- Extra Space Storage Inc. Reports Strong Q4 Results
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue