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Public Storage price target lowered to $342 from $346 at Goldman Sachs

Goldman Sachs lowered the firm’s price target on Public Storage (PSA) to $342 from $346 and keeps a Buy rating on the shares after its Q1 results and 2025 guidance. The company’s outlook entails a similar demand environment as 2024, with no pick up in demand from housing turnover and minimal seasonality during the busy season, the analyst tells investors in a research note.

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