CubeSmart downgraded to Peer Perform from Outperform at Wolfe Research

Wolfe Research downgraded CubeSmart (CUBE) to Peer Perform from Outperform without a price target CubeSmart has potential for meaningfully better earnings growth in 2027, but the shares are “likely to pause for some time until this growth is more apparent.” the analyst tells investors in a research note. Wolfe says storage demand tends to be economically sensitive, leaving the sector at risk given slower recent employment growth.