Truist raised the firm’s price target on Public Storage (PSA) to $320 from $310 and keeps a Buy rating on the shares as part of a broader research note on REITs. The firm is updating its model to reflect Q1 results, recent events, and adjusted revenue growth and expense assumptions, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PSA:
- Public Storage Holds Annual Shareholders Meeting
- Public Storage price target lowered to $342 from $346 at Goldman Sachs
- Public Storage Reports Stable Q1 2025 Performance
- Public Storage Earnings Call Highlights Growth and Challenges
- Positive Indicators and Strong Performance Justify Buy Rating for Public Storage