BofA raised the firm’s price target on National Storage (NSA) to $42 from $39 and keeps an Underperform rating on the shares. Q3 results for self-storage REITs are consistent with the view that the firm does not expect a pick-up in demand for self-storage in the near term, the analyst tells investors in an earnings recap note for the group.
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Read More on NSA:
- National Storage price target raised to $42 from $39 at Baird
- National Storage Affiliates Reports Q3 Earnings and Strategic Moves
- National Storage reports Q3 core FFO 62c, consensus 60c
- National Storage backs FY24 core FFO view $2.36-$2.44, consensus $2.40
- National Storage price target raised to $46 from $45 at Barclays