Jefferies raised the firm’s price target on National Storage to $46 from $35 and keeps a Buy rating on the shares. Jefferies expects moderating mortgage rates will drive improving home sales, and believes that the bottom in asking rents in this cycle is near, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on NSA: