Barclays Maintains Overweight on Extra Space Storage, Raises Price Target to $192
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 $188 to $192.
October 28, 2024 | 1:40 pm
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Barclays analyst Brendan Lynch has maintained an Overweight rating on Extra Space Storage and increased the price target from $188 to $192, indicating a positive outlook.
The increase in price target from $188 to $192 by Barclays suggests a positive outlook for Extra Space Storage. The Overweight rating indicates that the analyst expects the stock to outperform the market. This is likely to have a positive short-term impact on the stock price as investors may view the raised target as a sign of confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100