Public Storage (PSA) earnings predictions are under scrutiny, as a series of upgrades from
B of A Securities boosts confidence in the REIT. Reports highlight a steady increase of shares purchased by various firms such as
First Trust Advisors LP and
BI Asset Management Fondsmaeglerselskab A S. On the other hand, some investment operations, including
Capital International Investors and
Tower Research Capital LLC TRC, have reduced their PSA holdings. The company is ranked as the 4th largest position for
Lasalle Investment Management Securities LLC. Amid attention, analysts set PSA's target price at
$332.08, while optimists call it the best REIT stock to buy presently, bolstered by sector upgrade views. Asset acquisitions continue, even as PSA experiences a temporary
3.15% trade down. Public Storage has also ventured to capture the
Australian market with a premium takeover bid, and announces a regular dividend despite
10% price decline last quarter. Lastly, the company indicates potential energy sustainability measures with a shift towards utilizing
solar power.
Public Storage PSA News Analytics from Wed, 30 Oct 2024 07:00:00 GMT to Sat, 26 Apr 2025 23:59:23 GMT -
Rating 4
- Innovation -2
- Information 8
- Rumor -4
