BMO Capital Upgrades CubeSmart to Outperform, Raises Price Target to $49
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Juan Sanabria has upgraded CubeSmart (NYSE:CUBE) from Market Perform to Outperform and increased the price target from $46 to $49.

December 15, 2023 | 12:07 pm
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BMO Capital has upgraded CubeSmart's stock rating to Outperform and raised the price target to $49, indicating a positive outlook on the company's performance.
Analyst upgrades typically lead to a positive short-term reaction in the stock market as they suggest a better-than-expected future performance. The increase in price target further reinforces the positive sentiment towards CubeSmart's stock, potentially leading to an increase in investor interest and stock price.
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