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Enter Symbol:
 
Public Storage, Inc. (PSA) [hlAlert]

Rating:
Outperform
PSA
up 162.07 %

Public Storage, Inc. (PSA) upgraded to Outperform by Oppenheimer

Posted on: Wednesday,  Jan 13, 2010  12:25 PM ET by Oppenheimer

Oppenheimer rated Outperform Public Storage, Inc. (NYSE: PSA) on 01/13/2010. Previously Oppenheimer rated Perform
Public Storage, Inc. (NYSE: PSA) on 09/18/2008., when the stock price was $90.19. Since then, Public Storage, Inc. has lost 12.00% as of 01/13/2010's recent price of $79.37.

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.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/13/2010 12:25 PM Buy
None
79.37
as of 12/31/2010
1 Week up  5.24 %
1 Month up  9.23 %
3 Months up  8.73 %
1 YTD up  32.94 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/18/2008 8:25 AM None
None
90.19

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