The Latest Breaking News from Public Storage

Raymond James analyst Jonathan Hughes upgraded CubeSmart (NYSE:CUBE) from Outperform to Strong Buy and lowered the price target from $60 to $52 (24.6% upside). Hughes maintained Public Storage (NYSE:PSA) with a Strong Buy and lowered the price target from $375 to $365 (15.7% upside). The self-storage REITs were vulnerable to the recent sell-off despite the positive fundamental updates. They…

Upgrades

The stock market opened the month of May with narrow losses after April's sharp declines as more earnings reports flooded in.

CubeSmart joins fellow REIT stocks among the new buys by top funds as it enters the ranks of the top dividend stocks and nears a breakout.

On CNBC’s “Halftime Report Final Trades,” Jenny Harrington of Gilman Hill Asset Management said Foot Locker, Inc (NYSE: FL) was downgraded on Monday.

Real estate can be one of the best ways to hedge against inflation, but buying and selling property, houses, businesses or other real-world real estate is impractical for many smaller investors.

Amid the current uncertain market conditions, we think it could be wise to bet on fundamentally sound industrial REITs to ensure a steady portfolio income stream because regulations require REITs to distribute most of their income as dividends. So, given the promising growth prospects of the industrial sector, it could…

Over the past 3 months, 5 analysts have published their opinion on Public Storage (NYSE:PSA) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Real Estate Investment Trusts (REITs) are considered good investment options amid uncertain market conditions because they offer a steady income stream through dividends. With inflation at a multi-decade high, and with the stock market expected to remain highly volatile, we think it could be wise to invest in quality REITs…