BMO Capital Downgrades CubeSmart to Market Perform, Lowers Price Target to $47
Portfolio Pulse from Benzinga Newsdesk
BMO Capital has downgraded CubeSmart (NYSE:CUBE) from Outperform to Market Perform and lowered its price target from $50 to $47.
May 29, 2024 | 2:19 pm
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NEGATIVE IMPACT
BMO Capital has downgraded CubeSmart from Outperform to Market Perform and reduced the price target from $50 to $47.
The downgrade from Outperform to Market Perform and the reduction in the price target from $50 to $47 by BMO Capital is likely to negatively impact CubeSmart's stock price in the short term as it reflects a less optimistic outlook from a reputable analyst.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100