Truist Securities Maintains Hold on Life Storage, Raises Price Target to $120
Truist Securities analyst Ki Bin Kim maintains Life Storage (NYSE:LSI) with a Hold and raises the price target from $115 to $120.
Earnings Scheduled For February 23, 2023
Companies Reporting Before The Bell
• ChipMOS TECHNOLOGIES (NASDAQ:IMOS) is likely to report earnings for its fourth quarter.
Why Omeros Are Trading Higher By 32%? Here Are Other Stocks Moving In Monday’s Mid-Day Session
Gainers
Secoo Holding Limited (NASDAQ: SECO) jumped 156% to $4.3600.
Arqit Quantum Inc. (NASDAQ: ARQQ) gained 41.5% to $3.54.
Top US Self-Storage Properties Operator Makes Hostile $11B Offer For Life Storage: Here’s The Fine Print
Public Storage (NYSE: PSA), the largest U.S. operator of self-storage properties has come out with an $11 billion hostile bid for Life…
Life Storage Announced It’s Reviewing Unsolicited Acquisition Proposal from Public Storage
Life Storage, Inc., (NYSE: LSI) today confirmed that it received an unsolicited taxable all-stock proposal from Public Storage to acquire all of the outstanding shares of Life Storage for 0.4192 shares of Public Storage common stock for each outstanding Life Storage share.
Public Storage Proposed to Acquire Life Storage in All-Stock Transaction; Life Storage Shareholders/Unit Holders To Receive 0.4192 Shares Of Public Storage Common Stock For Each Life Storage Share/Unit They Own
Public Storage (NYSE: PSA) today sent a letter to Mark G. Barberio, Life Storage's Chairman, and Joseph V. Saffire, Life Storage's CEO, copied in full below, with respect to its proposal to acquire all of the outstanding shares and units of Life Storage, Inc.
Jefferies Downgrades Life Storage to Hold, Lowers Price Target to $97
Jefferies analyst Jonathan Petersen downgrades Life Storage (NYSE:LSI) from Buy to Hold and lowers the price target from $123 to $97.
Keybanc Maintains Overweight on Life Storage, Lowers Price Target to $136
Keybanc analyst Todd Thomas maintains Life Storage (NYSE:LSI) with a Overweight and lowers the price target from $144 to $136.