Public Storage stock faces a lower Truist target
AD HOC NEWS
Truist has lowered its price target for Public Storage (PSA) stock from $338 to $317, while maintaining a "Buy" rating. Despite the reduced target, it still sits 11.7% above the stock's closing price of $283.81 on October 2, 2026. The company's Q2 core FFO was $4.17, and fiscal 2026 guidance was raised, though same-store net operating income remains under pressure.
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