Wells Fargo Maintains Underweight on National Storage, Raises Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Todd Stender has maintained an Underweight rating on National Storage (NYSE:NSA) but increased the price target from $32 to $36.
December 12, 2023 | 1:08 pm
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Wells Fargo maintains an Underweight rating on National Storage but raises the price target from $32 to $36.
While the Underweight rating suggests that Wells Fargo's outlook on National Storage is still bearish, the increase in the price target could be seen as a slightly positive adjustment. This mixed signal may lead to a neutral short-term impact on the stock as the market digests the information.
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