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CubeSmart price target raised to $43 from $39 at Mizuho

Mizuho raised the firm’s price target on CubeSmart (CUBE) to $43 from $39 and keeps a Neutral rating on the shares. Self Storage earnings were characterized by sequential improvements in fundamentals, the analyst tells investors in a research note. While encouraged by the progress made in the quarter, the firm still has a Neutral view on the subsector given a lack of visibility surrounding a housing market recovery and headwinds from supply.

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