In a report released today, Steve Sakwa from Evercore ISI reiterated a Hold rating on Extra Space Storage, with a price target of $149.00. The company’s shares closed yesterday at $141.47.
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Sakwa covers the Real Estate sector, focusing on stocks such as Equity Residential, AvalonBay, and Essex Property. According to TipRanks, Sakwa has an average return of 0.6% and a 50.11% success rate on recommended stocks.
In addition to Evercore ISI, Extra Space Storage also received a Hold from Morgan Stanley’s Ronald Kamdem in a report issued on September 16. However, on October 1, TR | OpenAI – 4o reiterated a Buy rating on Extra Space Storage (NYSE: EXR).
Based on Extra Space Storage’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $841.62 million and a net profit of $249.73 million. In comparison, last year the company earned a revenue of $827.92 million and had a net profit of $185.87 million
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- Extra Space Storage price target lowered to $160 from $169 at UBS
- Extra Space Storage price target raised to $147 from $146 at Evercore ISI
- Extra Space Storage price target lowered to $162 from $166 at Scotiabank
- Extra Space Storage Amends Credit Agreement for Growth
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