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Public Storage, Inc. (PSA) [hlAlert]

Neutral PSA
up 48.63 %

Public Storage, Inc. (PSA) downgraded to Neutral by UBS

Posted on: Tuesday,  Feb 15, 2011  8:25 AM ET by UBS

UBS rated Neutral Public Storage, Inc. (NYSE: PSA) on 02/15/2011. Previously UBS rated Buy Public Storage, Inc. (NYSE: PSA) on 10/15/2009.,
when the stock price was $74.14. Since then, Public Storage, Inc. has gained 48.64% as of 02/15/2011's recent price of $110.20.
If you would have followed the previous UBS's recommendation on PSA, you would have gained 48.63% of your investment in 488 days.

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.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/15/2011 8:25 AM Hold
as of 12/30/2011
1 Week   
1 Month   
3 Months   
1 YTD up  8.65 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/15/2009 11:25 AM Buy
7/21/2009 12:25 PM Hold
66.76 66.00
9/3/2008 8:25 AM Hold

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