Stifel Downgrades National Storage to Hold, Lowers Price Target to $35
Portfolio Pulse from richadhand@benzinga.com
Stifel analyst Stephen Manaker has downgraded National Storage (NYSE:NSA) from Buy to Hold and lowered the price target from $47 to $35.
August 08, 2023 | 9:11 am
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National Storage's rating has been downgraded from Buy to Hold by Stifel, with a lowered price target of $35.
The downgrade from Buy to Hold by Stifel indicates a less optimistic outlook for National Storage. The lowered price target from $47 to $35 suggests that the analyst believes the stock is overvalued at current prices. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100