Evercore ISI Raises PT on National Storage Affiliates Trust (NSA) to $32, Maintains an 'Underperform' Rating

With significant upside potential, National Storage Affiliates Trust (NYSE:NSA) secures a spot on our list of the 13 Best Warehouse and Self-Storage Stocks to Buy Right Now.

On September 15, 2025, Evercore ISI boosted its price target on National Storage Affiliates Trust (NYSE:NSA) from $31 to $32, maintaining an ‘Underperform’ rating.

This price revision comes as the investment firm rolled forward its 2027 AFFO estimates in a broad REIT note. With this, the analyst signals a recalibration of future cash flow expectations, rather than a shift in outlook for National Storage Affiliates Trust (NYSE:NSA).

National Storage Affiliates Trust (NYSE:NSA), a Colorado-based REIT, focuses on the ownership, operation, and acquisition of self-storage properties in major U.S. markets. It is one of the Best Warehouse Stocks.

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