Analysts Favor Public Storage (PSA) Over Retail and Cold Storage REITs

Core Insights - Public Storage (PSA) is recognized as one of the most profitable stocks over the last 20 years, highlighting its strong performance in the market [1] Company Overview - Public Storage (NYSE:PSA) is the largest self-storage owner and operator in the U.S., with thousands of facilities across the United States and Europe. The company focuses on acquiring, developing, owning, and managing self-storage properties, generating stable rental income, and providing storage solutions for both individuals and businesses [4] Analyst Ratings and Price Targets - Truist Securities has raised its price target on PSA to $317 from $315 while maintaining a Buy rating, reflecting an optimistic outlook for the REIT sector as fundamentals improve due to slowing new supply and steady demand for high-quality assets [2] - Conversely, Barclays has lowered its price target on PSA to $331 from $349 but maintains an Overweight rating. Barclays identifies the most potential in apartments, storage, and single-family rentals, while expressing less optimism for cold storage and retail sectors [3]