Truist Securities Maintains Hold on Life Storage, Raises Price Target to $122
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Ki Bin Kim maintains a Hold rating on Life Storage (NYSE:LSI) and raises the price target from $120 to $122.

June 16, 2023 | 9:12 am
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NEUTRAL IMPACT
Truist Securities maintains a Hold rating on Life Storage (NYSE:LSI) and raises the price target from $120 to $122.
The news of Truist Securities maintaining a Hold rating on Life Storage and raising the price target from $120 to $122 indicates that the analyst sees potential for the stock price to increase, but not significantly enough to warrant a Buy rating. This may lead to a neutral short-term impact on the stock price, as investors may continue to hold their positions but not necessarily buy more shares.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100