RBC Capital Initiates Coverage On Public Storage with Sector Perform Rating, Announces Price Target of $358
Portfolio Pulse from Benzinga Newsdesk
RBC Capital has initiated coverage on Public Storage (NYSE:PSA) with a Sector Perform rating and set a price target of $358.
September 10, 2024 | 2:40 pm
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RBC Capital has initiated coverage on Public Storage with a Sector Perform rating and a price target of $358, indicating a neutral outlook.
The Sector Perform rating suggests that RBC Capital expects Public Storage to perform in line with the market. The price target of $358 provides a specific valuation expectation, which is crucial for investors. However, the neutral rating implies no significant short-term price movement is expected.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100