Mizuho raised the firm’s price target on Extra Space Storage (EXR) to $143 from $137 and keeps an Outperform rating on the shares. The firm adjusted targets in the real estate investment trust group as part of its 2026 outlook. Mizuho remains Equal-Weight REITs in 2026, seeing a mixed macro backdrop and that valuations that look “rich relative to fixed income alternatives. While supply/demand fundamentals are improving, a slowing economy poses risks in fiscal 2026, the analyst tells investors in a research note.
Claim 70% Off TipRanks Premium
- 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 at Scotiabank on delayed recovery
- Extra Space Storage price target lowered to $148 from $156 at UBS
- Extra Space Storage downgraded to Sector Perform from Outperform at Scotiabank
- Extra Space Storage Names Noah Springer as President
- Extra Space Storage names Noah Springer president