Extra Space Storage Inc. (NYSE:EXR) shares are trading lower today. Bank of America Securities analyst Joshua Dennerlei downgraded the stock to Underperform from Neutral and lowered the price target to $155 from $172. Last week, the company reported sales of $697.1 million, missing the street view of $728.8 million. Second-quarter funds from operations (FFO) came in at $2.06, surpassing the estimate of $2.00. The company expects core FFO of $7.95-$8.15 for fiscal 2024. The analyst expects declining storage demand prospects through 2025, ...