Public Storage (NYSE:PSA), a global self-storage giant has been attracting interest from various investment groups.
Mediolanum International Funds Ltd,
Janney Montgomery Scott LLC,
SteelPeak Wealth LLC,
Cibc World Market Inc., and
Pacer Advisors Inc., among others, have either reduced their holdings or sold shares. While there has been a decrease in short interest, various investment management firms such as
Swedbank AB,
Union Bancaire Privee UBP SA, and
Dynamic Advisor Solutions LLC increased their stakes in PSA. Reports show that Public Storage shares have risen by 26.8% in the last six months, making it a notable pick for investors. PSA also plans to release its Q4 2024 earnings and host a conference call.
Deutsche Bank upgraded PSA from 'Sell' to 'Hold', contributing to a bullish case for the stock, while
Barclays and
Jefferies reduced the price target. Several factors are speculated to impact PSA's performance in Q3 earnings, influencing the decision to retain the stock in portfolios. Despite some daily losses, PSA has consistently outperformed competitors.
Public Storage PSA News Analytics from Mon, 19 Feb 2024 08:00:00 GMT to Sat, 01 Feb 2025 10:25:52 GMT -
Rating 5
- Innovation 0
- Information 7
- Rumor -3
