Truist Securities Maintains Buy Rating on Public Storage, Lowers Price Target to $315.00

Truist Securities maintains a "Buy" rating on Public Storage (PSA) but lowers its price target to $315.00, a 1.56% reduction from $320.00. PSA is the largest owner of self-storage facilities in the US, with more than 3,300 facilities and 245 million square feet of rentable space. Analysts have fluctuating evaluations for the company, with an average target price of $325.94 and a high estimate of $360.00.