Truist lowered the firm’s price target on Public Storage (PSA) to $310 from $316 and keeps a Hold rating on the shares. The firm lowered its FFO per share estimates for 2025 and 2026. High level, Truist is modeling same-store revenue at roughly (1%) year-over-year in Q1, after which it expects same-store revenue of (0.5%) year-over-year in Q2.
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- Extra Space Storage price target lowered to $163 from $167 at RBC Capital
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