Citi lowered the firm’s price target on Extra Space Storage (EXR) to $150 from $165 and keeps a Neutral rating on the shares. After adjusting its model to reflect Q2 earnings and updated assumptions, the firm is decreasing its 2025 and 2026 core FFO per share estimates, the analyst tells investors.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EXR:
- Extra Space Storage downgraded to Neutral from Buy at Goldman Sachs
- Extra Space Storage price target lowered to $150 from $158 at Truist
- Extra Space Storage Completes $800M Senior Notes Offering
- Extra Space Storage price target lowered to $169 from $178 at Barclays
- Extra Space Storage Announces $800M Senior Notes Offering