Public Storage Reaches Analyst Target Price
April 10, 2017 at 08:43 AM EDT
In recent trading, shares of Public Storage (PSA) have crossed above the average analyst 12-month target price of $223.50, changing hands for $223.60/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..