Truist Securities Maintains Hold on CubeSmart, Lowers Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Ki Bin Kim has maintained a 'Hold' rating on CubeSmart (NYSE:CUBE) and lowered the price target from $47 to $45.
August 29, 2023 | 1:38 pm
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CubeSmart's price target has been lowered from $47 to $45 by Truist Securities, which maintains a 'Hold' rating on the stock.
The lowering of CubeSmart's price target by Truist Securities could potentially lead to a negative sentiment among investors, which may put downward pressure on the stock price in the short term. The 'Hold' rating suggests that the analyst does not see significant upside potential in the near term.
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IMPORTANCE 80
RELEVANCE 100