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CubeSmart price target lowered to $40 from $44 at Wells Fargo

Wells Fargo lowered the firm’s price target on CubeSmart (CUBE) to $40 from $44 and keeps an Equal Weight rating on the shares. The firm is slightly cautious with storage REITs up 9% year-to-date on headline housing enthusiasm, despite 2026 outlooks that will likely come in slightly below Street expectations.

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