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Evercore ISI Remains a Hold on Public Storage (PSA)

Tipranks - Tipranks - Sat Feb 14, 9:22AM CST

Evercore ISI analyst Steve Sakwa maintained a Hold rating on Public Storage today and set a price target of $305.00.

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Sakwa covers the Real Estate sector, focusing on stocks such as Rexford Industrial Realty, BXP, and COPT Defense Properties. According to TipRanks, Sakwa has an average return of 0.2% and a 50.61% success rate on recommended stocks.

In addition to Evercore ISI, Public Storage also received a Hold from Mizuho Securities’s Ravi Vaidya in a report issued today. However, on the same day, Barclays maintained a Buy rating on Public Storage (NYSE: PSA).

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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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