Evercore ISI lowered the firm’s price target on Extra Space Storage to $145 from $147 and keeps an In Line rating on the shares after all four storage REITs released end of August updates in tandem with the “busy conference season.” The trends were “slightly softer” than the firm’s projections and Evercore has reduced its 2024 and 2025 assumptions after updating its models and speaking with industry contacts.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on EXR:
- Extra Space Storage price target lowered to $165 from $185 at Raymond James
- Extra Space Storage price target lowered to $138 from $155 at Truist
- Extra Space Storage files to sell 1.67M shares of common stock for holders
- Extra Space Storage Inc. Announces Second Dividend of the Third Quarter 2023 on Common Stock
- EXR Earnings this Week: How Will it Perform?
