NSA - NSA's Asset Growth And Rising Interest Rates: Analyst Sets $35 Price Target Amid Secondary Market Strength | Benzinga
BMO Capital Markets analyst Juan C. Sanabria reiterated a Market Perform rating on National Storage Affiliates Trust (NYSE: NSA) with a price target of $35.
NSA has a differentiated PRO structure and a smaller asset base to grow focused on secondary markets that, to date, have seen limited supply, notes the analyst.
Although NSA's operating results have lagged peers, management doesn't believe it's due to greater exposure to secondary/tertiary markets. As per NSA, secondary markets have outperformed, with NSA having Full story available on Benzinga.com