Public Storage Mergers Face High Execution Risk From Regulatory Hurdles and Potential Transaction Failure

Public Storage (PSA) has disclosed a new risk, in the Corporate Activity and Growth category.

Public Storage faces execution risk because the proposed Mergers depend on numerous approvals, regulatory clearances, JV formation, and NYSE listing of new securities, any of which could be delayed or denied. Failure to satisfy or waive these conditions could derail the transaction, trigger unrecoverable costs and negative publicity, and weigh on its share price and long-term growth prospects.

The average PSA stock price target is $311.50, implying 4.83% upside potential.

To learn more about Public Storage’s risk factors, click here.