In a report released today, Brendan Lynch from Barclays maintained a Buy rating on Extra Space Storage, with a price target of $169.00. The company’s shares closed last Friday at $142.82.
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Lynch covers the Real Estate sector, focusing on stocks such as Crown Castle, American Tower, and BXP. According to TipRanks, Lynch has an average return of -3.6% and a 43.60% success rate on recommended stocks.
In addition to Barclays, Extra Space Storage also received a Buy from TR | OpenAI – 4o’s Gavin Stockmere in a report issued on October 1. However, on October 3, Evercore ISI reiterated a Hold 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
Read More on EXR:
Disclaimer & DisclosureReport an Issue
- Extra Space Storage price target raised to $149 from $147 at Evercore ISI
- 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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