JPMorgan sets $324 price target on PSA, maintains Overweight rating

JPMorgan reiterated an Overweight rating on Public Storage (NYSE:PSA) with a price target of $324, highlighting confidence in its strategic market position and financial outcomes. The company’s stability in the real estate sector is supported by short-term leases allowing dynamic pricing. JPMorgan’s evaluation considers earnings growth and self-storage market trends.

Public Storage (NYSE:PSA) specializes in the acquisition, development, ownership, and operation of self-storage facilities. While PSA shows investment potential, some AI stocks may offer greater upside with less risk. For an undervalued AI stock poised to benefit from tariffs and onshoring trends, check out the free report on the best short-term AI stock.

Read more at Yahoo Finance: JPMorgan Sets $324 PT on Public Storage (PSA), Maintains Overweight Rating