Morgan Stanley Reinstates Equal-Weight on Public Storage, Maintains $250 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Ronald Kamdem has reinstated an Equal-Weight rating on Public Storage (NYSE:PSA) and maintained a $250 price target.
September 21, 2023 | 1:11 pm
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Morgan Stanley has reinstated an Equal-Weight rating on Public Storage and maintained a $250 price target.
The reinstatement of an Equal-Weight rating by Morgan Stanley indicates a neutral outlook for Public Storage. The maintained price target of $250 suggests that the analyst believes the stock is fairly valued at current levels. This could lead to a neutral short-term impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100