
Wed Oct 02 15:31:52 UTC 2024: ## Public Storage Target Price Raised to $315 by Morgan Stanley
**New York, NY** – Morgan Stanley has raised its target price for Public Storage (NYSE: PSA) from $293.00 to $315.00, according to a research note released Wednesday. While maintaining an “Equal Weight” rating, the brokerage analysts see potential for increased value in the real estate investment trust (REIT) in the coming months.
This positive outlook reflects Morgan Stanley’s confidence in Public Storage’s future performance. However, the “Equal Weight” rating suggests that the analysts believe the stock is fairly valued at its current market price.
Public Storage is a leading self-storage REIT, operating across the United States. The company’s strong financial performance and consistent growth have made it a popular investment among investors seeking stable returns.