Raymond James Upgrades Public Storage to Strong Buy, Announces $330 Price Target
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Jonathan Hughes upgraded Public Storage (NYSE:PSA) from Market Perform to Strong Buy and set a $330 price target.
March 28, 2024 | 11:18 am
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Public Storage was upgraded by Raymond James from Market Perform to Strong Buy with a new price target of $330.
Upgrades by reputable analysts like Raymond James typically lead to positive short-term price movements. The substantial increase in the price target to $330 suggests a strong confidence in the company's future performance, likely influencing investor sentiment positively.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100