Wells Fargo Maintains Equal-Weight on CubeSmart, Raises Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Eric Luebchow has maintained an Equal-Weight rating on CubeSmart (NYSE:CUBE) and increased the price target from $37 to $42.
December 12, 2023 | 1:06 pm
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Wells Fargo analyst Eric Luebchow maintains an Equal-Weight rating on CubeSmart and raises the price target from $37 to $42.
The increase in price target by Wells Fargo suggests a positive outlook on CubeSmart's stock value in the short term. While the rating remains Equal-Weight, indicating no change in the overall recommendation, the higher price target can be seen as a bullish signal, potentially leading to increased investor confidence and a rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100