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Public Storage (PSA) Gets a Buy from Barclays

Tipranks - Tipranks - Sat Feb 14, 5:38AM CST

Barclays analyst Brendan Lynch maintained a Buy rating on Public Storage today and set a price target of $331.00.

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According to TipRanks, Lynch is an analyst with an average return of -2.7% and a 41.55% success rate. Lynch covers the Real Estate sector, focusing on stocks such as Cousins Properties, Iron Mountain, and CBRE Group.

The word on The Street in general, suggests a Hold analyst consensus rating for Public Storage with a $300.42 average price target.

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Based on Public Storage’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.22 billion and a net profit of $511.06 million. In comparison, last year the company earned a revenue of $1.19 billion and had a net profit of $430.33 million

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