Wells Fargo Maintains Overweight on Public Storage, Raises Price Target to $375
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Eric Luebchow has maintained an Overweight rating on Public Storage (NYSE:PSA) and increased the price target from $320 to $375.
October 21, 2024 | 2:52 pm
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Wells Fargo has reaffirmed its Overweight rating on Public Storage and increased the price target to $375, indicating a positive outlook.
The increase in price target from $320 to $375 by Wells Fargo suggests a strong positive outlook for Public Storage. The Overweight rating indicates that the analyst expects the stock to outperform its peers. This is likely to have a positive impact on PSA's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100