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Public Storage price target raised to $340 from $306 at Truist

Public Storage price target raised to $340 from $306 at Truist

Truist analyst Ki Bin Kim raised the firm’s price target on Public Storage (PSA) to $340 from $306 and keeps a Hold rating on the shares as part of a broader research note on REIT’s. The firm is updating its model to reflect Q3 results, recent events, and adjusted revenue growth and expense assumptions, the analyst tells investors in a research note.

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