Evercore ISI Group Downgrades National Storage to In-Line, Lowers Price Target to $42
Portfolio Pulse from richadhand@benzinga.com
Evercore ISI Group analyst Samir Khanal downgraded National Storage (NYSE:NSA) from Outperform to In-Line and lowered the price target from $49 to $42.
June 12, 2023 | 9:43 am
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National Storage downgraded to In-Line by Evercore ISI Group, with a reduced price target of $42.
The downgrade from Outperform to In-Line and the reduction in price target from $49 to $42 by Evercore ISI Group analyst Samir Khanal indicates a less optimistic outlook for National Storage. This could lead to a short-term negative impact on the stock price as investors may adjust their positions based on the new rating and price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100