UBS analyst Michael Goldsmith lowered the firm’s price target on CubeSmart (CUBE) to $38 from $42 and keeps a Neutral rating on the shares. Self Storage REIT results in Q3 and early October data highlight that operating metrics are stabilizing with some upward momentum on move-in rates, the analyst tells investors in a research note. From here, however, the firm thinks same-store revenue growth remains challenged.
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