National Storage price target raised to $41 from $38 at Barclays

Barclays raised the firm’s price target on National Storage (NSA) to $41 from $38 and keeps an Equal Weight rating on the shares as part of a Q1 preview. The firm says gradual self-storage industry stabilization continues as new supply pressure ease, even as housing related demand “remains muted.” Barclays favors larger platforms citing their greater marketing capabilities, data analytics, and operational efficiencies.