Wells Fargo Downgrades Extra Space Storage to Equal-Weight, Maintains Price Target to $175
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo has downgraded Extra Space Storage (NYSE:EXR) from Overweight to Equal-Weight, while maintaining the price target at $175.
October 21, 2024 | 11:20 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Wells Fargo downgraded Extra Space Storage from Overweight to Equal-Weight, maintaining the price target at $175. This suggests a neutral outlook on the stock.
The downgrade from Overweight to Equal-Weight by Wells Fargo indicates a shift from a positive to a neutral stance on Extra Space Storage. Maintaining the price target suggests no expected significant price movement in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100