Evercore ISI lowered the firm’s price target on Public Storage (PSA) to $315 from $317 and keeps an In Line rating on the shares. Storage REITs face a delayed recovery as the market shifts focus to 2026 despite some positive trends in Q3, says the analyst, who says the cautious outlook for the big three storage REITs reflects a tempered view on 2026 estimates.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PSA:
- Public Storage’s Positive Earnings Call Highlights Growth
- Public Storage Reports Strong Q3 2025 Performance
- Public Storage reports Q3 core FFO $4.31, consensus $4.24
- Public Storage raises FY5 core FFO view to up 0.2%-2% from down 1.3%-up 2%
- Public Storage price target raised to $330 from $320 at Wells Fargo