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Public Storage, Inc. (PSA) [hlAlert]

Rating:
Market Perform
PSA

Public Storage, Inc. (PSA) rated Market Perform by Wells Fargo

Posted on: Monday,  Aug 17, 2009  9:25 AM ET by Wells Fargo

Public Storage, Inc. (NYSE:
PSA) rated Market Perform by Wells Fargo.

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.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/17/2009 9:25 AM Hold
None
69.11
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

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