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National Storage price target raised to $42 from $39 at BofA

National Storage price target raised to $42 from $39 at BofA

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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