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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CUBE:
- Wolfe upgrades CubeSmart to Outperform on potential for growth acceleration
- CubeSmart price target raised to $48 from $47 at Truist
- CubeSmart upgraded to Outperform from Peer Perform at Wolfe Research
- CubeSmart price target lowered to $48 from $49 at Barclays
- CubeSmart upgraded to Buy from Neutral at BofA