Public Storage (NYSE:PSA) Stock: Goldman Sachs Boosts Price Target Amid Strong Q1 and Strategic Acquisition
Confidence in the company's growth is also supported by its strategic moves. Public Storage announced a pending acquisition of National Storage Affiliates in a deal valued at an enterprise value of approximately $10.50 billion. This acquisition is a key part of its new "PS 4.0 era" strategy. Investment firm Goldman Sachs reaffirmed its "Buy" rating for Public Storage, raising its price target to $341. Public Storage reported strong first-quarter 2026 results, with Core FFO increasing to $4.22 per share and ...