Morgan Stanley lowered the firm’s price target on Extra Space Storage to $115 from $145 and keeps an Underweight rating on the shares. Self storage demand moderated for the first time post-COVID in the last three months and the firm sees four incremental near-term demand headwinds, the analyst tells investors.
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Read More on EXR:
- Extra Space Storage price target lowered to $145 from $147 at Evercore ISI
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- Extra Space Storage price target lowered to $138 from $155 at Truist
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