JPMorgan Lowers Price Target for Public Storage
JPMorgan Chase & Co., one of Wall Street's most prominent banks, has lowered its price target for Public Storage (NYSE:PSA) to $330.00 from $338.00. The move was announced in a research note issued on Monday by JPMorgan Chase analysts.
The firm currently has a 'neutral' rating on the real estate investment trust's stock, which would indicate a potential upside of 11.57% from the stock's previous close of $295.77.