Investors boost stakes in Public Storage, a major self-storage operator, amid a "Moderate Buy" rating.

Institutional investors have increased their stakes in Public Storage, a real estate investment trust specializing in self-storage facilities. Guidance Capital Inc. raised its holding by 8.3%, and other investors like State Street Corp and FMR LLC also boosted their shares. Analysts have given the stock a "Moderate Buy" rating with a target price of $344.54. Public Storage operates 3,044 facilities across the U.S. and has a market cap of $52.01 billion.

2 months ago
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