Barclays Maintains Equal-Weight on CubeSmart, Lowers Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Brendan Lynch maintains an Equal-Weight rating on CubeSmart (NYSE:CUBE) but lowers the price target from $55 to $54.
October 28, 2024 | 1:39 pm
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Barclays analyst Brendan Lynch maintains an Equal-Weight rating on CubeSmart but lowers the price target from $55 to $54.
The lowering of the price target by Barclays suggests a slightly negative outlook on CubeSmart's stock performance, which could lead to a short-term decrease in stock price. The Equal-Weight rating indicates a neutral stance, but the reduced price target may influence investor sentiment negatively.
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