Truist Securities Maintains Buy on Public Storage, Raises Price Target to $315
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Ki Bin Kim has reaffirmed a Buy rating on Public Storage (NYSE:PSA) and increased the price target from $285 to $315.
December 28, 2023 | 12:13 pm
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POSITIVE IMPACT
Truist Securities has maintained a Buy rating on Public Storage and raised the price target from $285 to $315, indicating a positive outlook on the stock.
The increase in price target by Truist Securities suggests a strong conviction in the future performance of Public Storage. This is likely to be viewed positively by investors and could lead to a short-term increase in the stock price, as it reflects an expectation of growth or continued strong performance.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100