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.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PSA:
- Public Storage files automatic mixed securities shelf
- Public Storage price target lowered to $338 from $339 at Scotiabank
- Public Storage price target lowered to $354 from $358 at BofA
- Public Storage price target lowered to $380 from $381 at Barclays
- Public Storage price target lowered to $344 from $358 at RBC Capital