Public Storage shares are trading steady after RBC Capital initiated coverage with a Sector Perform rating and a $358 price target.
Portfolio Pulse from Benzinga Newsdesk
Public Storage shares remain stable following RBC Capital's initiation of coverage with a Sector Perform rating and a $358 price target.
September 10, 2024 | 7:52 pm
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NEUTRAL IMPACT
RBC Capital has initiated coverage on Public Storage with a Sector Perform rating and a $358 price target, indicating a neutral outlook.
The Sector Perform rating suggests that RBC Capital expects Public Storage to perform in line with the market. The $358 price target provides a specific valuation, but the neutral rating implies no immediate catalyst for significant price movement.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100