Goldman Sachs Reinstates Buy on Extra Space Storage, Announces $153 Price Target
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Caitlin Burrows has reinstated Extra Space Storage (NYSE:EXR) with a Buy rating and announced a price target of $153.

September 27, 2023 | 10:05 am
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Goldman Sachs has reinstated Extra Space Storage with a Buy rating and a price target of $153, which could positively impact the company's stock.
Analyst ratings and price targets can significantly influence a company's stock price. In this case, Goldman Sachs, a highly influential financial institution, has reinstated Extra Space Storage with a Buy rating and a price target of $153. This suggests that they believe the company's stock is undervalued at its current price and has the potential to reach $153. This positive outlook could lead to increased investor confidence and demand for the stock, potentially driving its price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100