Wolfe Research analyst Andrew Rosivach downgraded Public Storage (PSA) to Peer Perform from Outperform without a price target Public Storage has potential for meaningfully better earnings growth in 2027, but the shares “could pause for some time until this growth is more apparent,” the analyst tells investors in a research note. Wolfe says storage demand tends to be economically sensitive, leaving the sector at risk given slower recent employment growth.
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