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Public Storage price target lowered to $380 from $381 at Barclays
The Fly

Public Storage price target lowered to $380 from $381 at Barclays

Barclays lowered the firm’s price target on Public Storage (PSA) to $380 from $381 and keeps an Overweight rating on the shares. Housing-related demand remains in focus for 2025 and Barclays anticipates an increase in housing transitions after years of weakness, the analyst tells investors in a research note. However, the firm’s expectations have been slightly tempered by continuing elevated mortgage rates.

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