Citi analyst Eric Wolfe raised the firm’s price target on Public Storage to $378 from $303 and keeps a Buy rating on the shares. Following Q2 earnings, the firm is decreasing its 2024 and 2025 core FFO estimates to reflect updated operating, financing, and transaction assumptions, but increasing its price target as it rolls forward its valuation base.
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Read More on PSA:
- Public Storage price target raised to $334 from $330 at Evercore ISI
- Public Storage price target raised to $339 from $308 at Scotiabank
- Public Storage price target raised to $374 from $327 at Barclays
- Public Storage price target lowered to $308 from $314 at Scotiabank
- Public Storage downgraded to Neutral from Buy at BofA