Wells Fargo lowered the firm’s price target on Extra Space Storage (EXR) to $150 from $160 and keeps an Overweight rating on the shares. The firm is slightly cautious with storage REITs up 9% year-to-date on headline housing enthusiasm, despite 2026 outlooks that will likely come in slightly below Street expectations.
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Read More on EXR:
- BofA downgrades Extra Space Storage to Underperform on lack of recovery signs
- Extra Space Storage downgraded to Underperform from Neutral at BofA
- Extra Space Storage price target raised to $146 from $142 at Truist
- Extra Space Storage price target lowered to $164 from $169 at Barclays
- Extra Space Storage price target raised to $143 from $137 at Mizuho