Truist Securities Maintains Hold Rating for Extra Space Storage: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Truist Securities has maintained its Hold rating for Extra Space Storage (NYSE:EXR) but lowered its price target from $155.00 to $138.00. The shares of Extra Space Storage are currently trading at $129.65, up 0.87% over the last 24 hours. A move to $138.00 would represent a 6.44% increase from the current share price.
August 29, 2023 | 5:00 pm
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NEUTRAL IMPACT
Truist Securities has maintained its Hold rating for Extra Space Storage but lowered its price target. This could potentially impact the stock's performance in the short term.
The decision by Truist Securities to maintain its Hold rating indicates a neutral stance on the stock. However, the lowering of the price target could potentially create a negative sentiment among investors, which might impact the stock's performance in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100