Morgan Stanley Reinstates Equal-Weight on Public Storage, Announces $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 set a price target of $250.
September 21, 2023 | 1:11 pm
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NEUTRAL IMPACT
Public Storage's stock rating has been reinstated to Equal-Weight by Morgan Stanley with a price target of $250.
The reinstatement of the Equal-Weight rating by Morgan Stanley indicates a neutral outlook for Public Storage's stock. The price target of $250 suggests where the analyst believes the stock price may go, but it doesn't necessarily indicate a positive or negative trend. Therefore, the short-term impact on the stock is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100