Goldman Sachs raised the firm’s price target on Extra Space Storage to $188 from $178 and keeps a Buy rating on the shares. The firm cites the compan’s Q2 FFO beat and FY24 outlook raise for higher same store revenue growth and same-store net operating income. Extra Space Storag core FFO growth will stabilize in 2024 at -0.5%, and then re-accelerate in 2025 at +4.4% and 2026 at +6.2%, the analyst tells investors in a research note.
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