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CubeSmart price target lowered to $42 from $48 at Truist

Truist analyst Michael Lewis lowered the firm’s price target on CubeSmart (CUBE) to $42 from $48 and keeps a Buy rating on the shares. The firm is adjusting its model with projected 3.9% average annual normalized FFO per share growth from 2025-2030, the analyst tells investors in a research note.

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