Upgrades:
Brookfield Infrastructure (NASDAQ:BIPC) was upgraded by Wells Fargo & Company from an “equal weight” rating to an “overweight” rating in a research note issued on Monday, The Fly reports.
Separately, Zacks Investment Research raised shares of
Brookfield Infrastructure from a “strong sell” rating to a “hold” rating in a
research note on Tuesday, April 27th.
Shares of BIPC opened at $63.28 on Monday. Brookfield
Infrastructure has a fifty-two week low of $47.23 and a fifty-two week high of
$80.60. The business’s 50 day simple moving average is $71.50. The stock has a
market cap of $2.84 billion and a P/E ratio of 43.94. Read
more …
Public Storage (NYSE:PSA) was upgraded by research analysts at Raymond James from a “market perform” rating to an “outperform” rating in a note issued to investors on Tuesday, Price Targets.com reports. The brokerage presently has a $350.00 price target on the real estate investment trust’s stock. Raymond James’ price objective would suggest a potential upside of 12.98% from the company’s previous close.
A number of other research analysts have also issued reports
on the company. Citigroup lifted their target price on Public Storage from
$296.00 to $325.00 and gave the company a “neutral” rating in a report on
Thursday, July 1st. Truist lifted their target price on Public Storage from
$269.00 to $290.00 and gave the company a “buy” rating in a report on Monday,
May 17th. They noted that the move was a valuation call. Wolfe Research
initiated coverage on Public Storage in a report on Monday, June 14th. They
issued a “peer perform” rating and a $335.00 target price for the company.
Wells Fargo & Company lifted their price target on Public Storage from
$200.00 to $228.00 and gave the stock an “underweight” rating in a report on
Wednesday, June 2nd. Finally, JPMorgan Chase & Co. lifted their price
target on Public Storage from $280.00 to $310.00 and gave the stock a “neutral”
rating in a report on Wednesday, June 30th. One analyst has rated the stock
with a sell rating, seven have assigned a hold rating and three have issued a
buy rating to the company’s stock. The company presently has a consensus rating
of “Hold” and a consensus price target of $306.55. Read
more …