B of A Securities Downgrades Public Storage to Neutral, Maintains Price Target to $318
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has downgraded Public Storage (NYSE:PSA) from Buy to Neutral, while maintaining the price target at $318.
August 05, 2024 | 10:11 am
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NEGATIVE IMPACT
B of A Securities has downgraded Public Storage from Buy to Neutral, while maintaining the price target at $318.
The downgrade from Buy to Neutral by B of A Securities suggests a less optimistic outlook on Public Storage's stock performance. Maintaining the price target at $318 indicates that the analyst does not foresee significant upside potential in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100