In a series of newsworthy events, Public Storage $PSA has observed significant activity in stocks across different investing entities. Hsbc Holdings PLC, Aptus Capital Advisors LLC, and Erste Asset Management GmbH have increased their stake in PSA. However, entities like Ethic Inc. and Gulf International Bank UK Ltd have reduced their stakes. Several analyses highlight mixed signals in Public Storage outlook, navigating volatility amid strong fundamentals and weak technicals. Variable Q2 earnings reviews are seen, with FFO beating estimates but occupancy falling.
Goldman Sachs has lowered PSA price target. PSA's expansion activities have raised questions about its long-term investment narrative. The firm welcomed new board members and updated its 2025 earnings guidance. However, Wall Street Zen downgraded PSA to a sell rating. PSA's recent activities, including securing $875M in dual-tranche notes and mixed Q1 2025 earnings, reflect resilience and growth amidst challenges. Additional focus is given to the appointment of Luke Petherbridge as Trustee and tapping underutilized rooftop space through solar.
Public Storage PSA News Analytics from Mon, 02 Dec 2024 08:00:00 GMT to Sat, 23 Aug 2025 22:07:01 GMT - Rating 3 - Innovation -4 - Rumor -6
