Analysts are Recommending These 5 Stocks for 2022

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In this article, we discuss the 5 stocks that analysts are recommending for 2022. If you want to read our detailed analysis of these stocks, go directly to Analysts are Recommending These 10 Stocks for 2022

5. Public Storage (NYSE:PSA)

Number of Hedge Fund Holders: 35  

Public Storage (NYSE:PSA) owns and runs self-storage facilities. Analysts expect the company to do well in 2022 given better demand for space, increasing market rents, and robust private market activity in the real estate sector. Investment bank Citi expects the real estate investment trust sector to outperform in 2022 and estimates REIT’s total return at 10%-15% over the next 12 months. From a sector perspective, the bank’s largest overweight positions are in the industrial, residential, lodging, gaming and shopping center sectors. 

Citi analyst Michael Bilerman recently upgraded Public Storage (NYSE:PSA) stock to Buy from Neutral and raised the price target to $400 from $353. 

At the end of the third quarter of 2021, 35 hedge funds in the database of Insider Monkey held stakes worth $1.2 billion in Public Storage (NYSE:PSA), up from 27 in the preceding quarter worth $1 billion. 

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