Over a myriad of market updates about
Public Storage (PSA), a prominent narrative appears to revolve around the resilience of PSA's performance despite some challenges. Despite facing losses in the recent streak, analysts continue to rate the company as a
Moderate Buy. This is influenced by strong Q3 results where FFO and revenues exceeded estimates, leading to raised views for 2025. Amidst all this, stock sales by certain asset management companies, including Resona Asset Management Co. Ltd., Bank of Montreal, and State of Michigan Retirement System, indicate a shifting investor sentiment. Meanwhile, various firms increased PSA holdings, including iA Global Asset Management, Hantz Financial Services, SYM Financial Corp, and Teacher Retirement System of Texas. The company's robust dividend history, testing of bullish narratives on earnings quality, and strong performance compared to other REIT - Industrial stocks contribute to its market stance. Several stock price target adjustments have also been made, for instance, by Evercore ISI and Royal Bank Of Canada, while Deutsche Bank upgraded PSA. Lastly, PSA's strategic acquisitions worth $511M and €425 Million Senior Notes Offering show a proactive focus on expansion and growth.
Public Storage PSA News Analytics from Sat, 18 Jan 2025 08:00:00 GMT to Sat, 08 Nov 2025 17:48:57 GMT -
Rating 2
- Innovation 3
- Information 7
- Rumor -3
