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Rating: PSA
Buy $275

Public Storage, Inc. (NYSE: PSA) reiterated to Buy with price target $275 by Argus

Wednesday,  Jan 27, 2016  2:25 PM ET by Betsy O'Brien Harrison

Argus reiterated Public Storage, Inc. (NYSE: PSA) to Buy with price target
$275. Previously Argus reiterated Public Storage, Inc. (NYSE: PSA) to Buy with price target $248 on 11/16/2015, when the stock price was $227.95.

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.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system



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