JP Morgan Maintains Overweight on Public Storage, Lowers Price Target to $324
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Michael Mueller maintains an Overweight rating on Public Storage (NYSE:PSA) and lowers the price target from $338 to $324.
June 13, 2023 | 5:06 pm
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JP Morgan analyst Michael Mueller maintains an Overweight rating on Public Storage (NYSE:PSA) and lowers the price target from $338 to $324.
JP Morgan's lowered price target for Public Storage (NYSE:PSA) may cause some short-term uncertainty among investors, but the maintained Overweight rating suggests that the analyst still believes in the stock's potential for growth. The impact on the stock price is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100