Public Storage (PSA) has generated quite a buzz, both positive and negative, in the market. Major investments, such as
Stenger Family Office LLC's $1.50 million and
Arrowstreet Capital Limited Partnership buying 141,651 shares, indicate bullish confidence. Renewed market interest is also fueled by strong occupancy trends, tech efficiency, and robust FFO and revenue results for Q3. Interestingly, some experts have highlighted potential value in PSA following a recent share price decline. Notably,
Mizuho has lowered its price target to $285 from $310, while Evercore ISI reduced it to $309. However, PSA's Q2 and Q3 earnings beat estimates, possibly indicating resilience. In addition, PSA's dividend history makes it a potential retirement stock. The company's balance sheet strength has resulted in interest in its preferred shares, and its recent Q3 FFO & Revenues exceeded estimates. Despite some concerns about decreasing stock positions by various investment firms and negative streak days in its performance, the market seems to be balanced overall.
Public Storage PSA News Analytics from Mon, 24 Mar 2025 07:00:00 GMT to Sat, 06 Dec 2025 12:37:54 GMT -
Rating 3
- Innovation 1
- Information 8
- Rumor -5
