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Public Storage (PSA) Receives a Hold from RBC Capital

Tipranks - Tue Jan 6, 8:00PM CST

RBC Capital analyst Brad Heffern maintained a Hold rating on Public Storage yesterday and set a price target of $301.00.

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According to TipRanks, Heffern is ranked #1349 out of 10141 analysts.

In a report released on December 18, J.P. Morgan also downgraded the stock to a Hold with a $301.00 price target.

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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