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CubeSmart price target lowered to $45 from $48 at Barclays

Barclays analyst Brendan Lynch lowered the firm’s price target on CubeSmart (CUBE) to $45 from $48 and keeps an Equal Weight rating on the shares. The firm updated the company’s model post the Q2 report, drooping the target to reflect elongated supply/demand challenges in the industry and a lack of near-term catalysts.

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