Raymond James Maintains Strong Buy on Extra Space Storage, Lowers Price Target to $165
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Jonathan Hughes has maintained a 'Strong Buy' rating on Extra Space Storage (NYSE:EXR), but lowered the price target from $185 to $165.
August 31, 2023 | 11:29 am
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Extra Space Storage's price target has been lowered from $185 to $165 by Raymond James, though the 'Strong Buy' rating is maintained.
The lowering of the price target by Raymond James could potentially create a negative sentiment among investors, but the maintenance of the 'Strong Buy' rating indicates that the analyst still sees significant upside potential. This could lead to a neutral short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100