Goldman Sachs raised the firm’s price target on Public Storage (PSA) to $341 from $330 and keeps a Buy rating on the shares after its better-than-expected Q1 earnings and occupancy. With fewer customers moving out and occupancy holding up, the company was better able to push move-in rates as April move-in rates were flat to slightly positive, while the management also added that the health of the customer is strong despite macro uncertainty.
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