Evercore ISI lowered the firm’s price target on CubeSmart (CUBE) to $48 from $49 and keeps an Outperform rating on the shares. Storage REITs face a delayed recovery as the market shifts focus to 2026 despite some positive trends in Q3, says the analyst, who says the cautious outlook for the big three storage REITs reflects a tempered view on 2026 estimates.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CUBE:
- CubeSmart Reports Q3 2025 Results and Expands Platform
- Cubesmart’s Strong Expense Management and Financial Stability Justify Buy Rating Despite Revenue Challenges
- CubeSmart reports Q3 FFO 65c, consensus 65c
- CubeSmart narrows FY25 adjusted FFO view to $2.56-$2.60 from $2.54-$2.60
- Cubesmart (CUBE) Q3 Earnings Cheat Sheet