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Public Storage price target raised to $352 from $347 at Barclays
Barclays has increased its price target for Public Storage (PSA) to $352 from $347, maintaining an Overweight rating on the shares. This adjustment comes as part of a Q1 preview, highlighting continued stabilization in the self-storage industry due to easing new supply pressure, despite muted housing-related demand. Barclays favors larger platforms like Public Storage for their enhanced marketing, data analytics, and operational efficiency.