Public Storage Reports Results for the Three and Six Months Ended June 30, 2024

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Truist Securities Downgrades Public Storage (PSA) to Hold

August 1, 2024 6:02 AM EDT

Truist Securities analyst Ki Bin Kim downgraded Public Storage (NYSE: PSA) from Buy to Hold with a price target of $306.00.

The analyst comments "Net-net: Overall slightly disappointing results and guidance cut. While 2Q24 FFO/sh was a beat $4.23/sh vs cons/Truist Securities'... More