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Public Storage downgraded to Market Perform from Outperform at Raymond James
The Fly

Public Storage downgraded to Market Perform from Outperform at Raymond James

Raymond James analyst Jonathan Hughes downgraded Public Storage to Market Perform from Outperform without a price target. While Hughes is positive on self storage as a whole, he believes Public Storage’s risk/reward profile is less-attractive than peers and now is the time to move to the sidelines after recent outperformance.

Published first on TheFly

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