Barclays Initiates Coverage On Extra Space Storage with Overweight Rating, Announces Price Target of $157
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Brendan Lynch has initiated coverage on Extra Space Storage (EXR) with an Overweight rating and set a price target of $157. This new coverage could influence investor sentiment and potentially impact EXR's stock price in the short term.
March 27, 2024 | 11:04 am
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Barclays initiated coverage on Extra Space Storage with an Overweight rating and a price target of $157, indicating a positive outlook on the stock.
The initiation of coverage by a major financial institution like Barclays, especially with an Overweight rating and a high price target, typically signals a positive outlook on the stock to investors. This can lead to increased investor interest and potentially drive up the stock price in the short term.
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