BofA downgrades Public Storage, Extra Space Storage ahead of Q4 earnings announcement (PSA:NYSE)

Group 1 - Public Storage (PSA) and Extra Space Storage (EXR) stocks experienced declines following a downgrade from BofA Securities, which cited lower earnings estimates for the self-storage REITs [4] - PSA's stock price decreased by 1.79%, reaching $283.34 during Thursday morning trading [4] - EXR's stock price fell by 1.42%, settling at $139.70 [4]