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Analysts Offer Insights on Real Estate Companies: Public Storage (PSA) and Extra Space Storage (EXR)

Tipranks - Tue Feb 24, 4:36AM CST

Companies in the Real Estate sector have received a lot of coverage today as analysts weigh in on Public Storage (PSAResearch Report) and Extra Space Storage (EXRResearch Report).

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Public Storage (PSA)

Bank of America Securities analyst Jeffrey Spector reiterated a Hold rating on Public Storage today and set a price target of $310.00. The company’s shares closed last Friday at $305.00.

According to TipRanks.com, Spector is a 4-star analyst with an average return of 4.7% and a 57.3% success rate. Spector covers the NA sector, focusing on stocks such as Eastgroup Properties, Equity Lifestyle, and Camden Property. ;'>

Public Storage has an analyst consensus of Hold, with a price target consensus of $302.17, implying a 1.0% upside from current levels. In a report issued on February 14, TipRanks – Anthropic also downgraded the stock to Hold with a $320.00 price target.

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Extra Space Storage (EXR)

In a report released today, Samir Khanal from Bank of America Securities reiterated a Sell rating on Extra Space Storage, with a price target of $143.00. The company’s shares closed last Friday at $152.75.

According to TipRanks.com, Khanal is a 1-star analyst with an average return of -0.4% and a 56.1% success rate. Khanal covers the NA sector, focusing on stocks such as Rexford Industrial Realty, Phillips Edison & Company, and InvenTrust Properties. ;'>

Extra Space Storage has an analyst consensus of Moderate Buy, with a price target consensus of $151.09.

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