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Public Storage, Inc. (PSA) [hlAlert]

Rating:
Equal-Weight
PSA

Public Storage, Inc. (PSA) rated Equal-Weight with price target $83 by Lehman Brothers

Posted on: Tuesday,  May 13, 2008  8:25 AM ET by Lehman Brothers

Public Storage, Inc. (PSA)
rated Equal-Weight with price target $83 by Lehman Brothers.

Public Storage (the Trust) is a real estate investment trust. The business activities of the Trust include the acquisition, development, ownership and operation of self-storage facilities, which offer storage spaces for lease, generally on a month-to-month basis, for personal and business use. The Trust operates in three business segments: self-storage, Shurgard Europe and ancillary. During the year ended December 31, 2008, the Trust had a direct and indirect ownership interests in the 2,012 and 181 storage facilities located in the 38 states within the United States and seven Western European nations.

Lehman Brothers Holdings Inc. has filed for bankruptcy protection in the U.S.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/13/2008 8:25 AM Hold
None
88.83 83.00
as of 12/24/2008
1 Week up  3.43 %
1 Month up  23.22 %
3 Months up  4.99 %
1 YTD down  -21.05 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/2/2008 8:25 AM Hold
None
94.20 84.00
2/29/2008 8:25 AM Hold
None
81.36 80.00
12/18/2007 9:25 AM Hold
None
74.32 78.00
8/3/2007 11:25 AM Hold
None
74.40 80.00

(*) Stock Price at the time of the recommendation.
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