Extra Space Storage (EXR) is enjoying notable growth, with analysts issuing a strong average price target of $168.36. Recently, the company has seen a 13% surge over three months and completed the merger with Life Storage, marking a significant milestone. The company has consistently announced dividends for various quarters, while rumors suggest continual material gain and growth, making the stock appealing for long-term investments. Investment from = Choreo LLC and Davis Selected Advisors indicates a positive outlook for the company. Notably, EXR's distribution after the Life Storage merger and their impressive quarterly results reflect potential for future growth. Yet, not all sentiments are bullish, as evident from holdings reductions by Texas Permanent School Fund Corp and Daiwa Securities Group Inc., and State of New Jersey Common Pension Fund D selling its shares of EXR. Lastly, EXR has announced the pricing of $400 million and $600 million of Senior Notes due in 2035 and 2034 respectively, reiterating EXR's all-encompassing financial strategy and strong balance sheet.
Extra Space Storage EXR News Analytics from Mon, 03 Jul 2023 07:00:00 GMT to Sat, 14 Sep 2024 13:29:02 GMT -
Rating 8
- Innovation 7
- Rumor -5
