BofA/Merrill Raises Public Storage (PSA) to Buy; Says Buy the Dip
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Price: $325.93 -0.85%
Rating Summary:
9 Buy, 20 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
9 Buy, 20 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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An analyst at BofA/Merrill Lynch upgraded shares of Public Storage (NYSE: PSA) from Neutral to Buy Friday morning. BofA Merrill's new price target is $117, up from $115 previously.
The firm said recent declines in the stock have been overdone. Since the beginning of June, shares are down about 8 percent.
For more ratings news on Public Storage click here and for the rating history of Public Storage click here.
The firm said recent declines in the stock have been overdone. Since the beginning of June, shares are down about 8 percent.
For more ratings news on Public Storage click here and for the rating history of Public Storage click here.
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