Barclays Maintains Overweight on Extra Space Storage, Raises Price Target to $188
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Brendan Lynch maintains an Overweight rating on Extra Space Storage (NYSE:EXR) and raises the price target from $158 to $188.
August 22, 2024 | 2:19 pm
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Barclays analyst Brendan Lynch has increased the price target for Extra Space Storage from $158 to $188 while maintaining an Overweight rating. This suggests a positive outlook for the company's stock.
The increase in price target from $158 to $188 by Barclays, along with maintaining an Overweight rating, indicates a positive sentiment from the analyst. This is likely to boost investor confidence and could lead to a short-term increase in EXR's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100