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U.S. real estate stocks tanked Wednesday after stubbornly high inflation data amplified concerns interest rates will remain elevated for some time and further distress the financial plumbing of America's property sector.
Extra Space Storage (NYSE:EXR – Free Report) had its target price raised by Wells Fargo & Company from $150.00 to $160.00 in a research report sent to investors on Friday, Benzinga reports. Wells Fargo & Company currently has an overweight rating on the real estate investment trust’s stock. Several other analysts have also issued reports […]
Extra Space Storage Inc. Share Price Target '$156.33', now 6.8% Upside Potential
Extra Space Storage (NYSE:EXR – Get Free Report) had its target price increased by equities research analysts at Wells Fargo & Company from $150.00 to $160.00 in a research report issued on Friday, Benzinga reports. The brokerage presently has an “overweight” rating on the real estate investment trust’s stock. Wells Fargo & Company‘s price objective […]
Diamond Hill Capital, an investment management company, released its “Long-Short Fund” fourth-quarter 2023 investor letter. A copy of the same can be downloaded here. The portfolio achieved positive returns in Q4, but it trailed the Russell 1000 Index and the blended benchmark (60% Russell 1000 Index/40% Bloomberg US Treasury Bills 1-3 Month Index). The short positions […]