Evercore ISI raised the firm’s price target on CubeSmart (CUBE) to $49 from $48 and keeps an Outperform rating on the shares. The firm’s annual storage symposium “painted a picture of ‘cautious optimism’ for 2026,” according to the analyst, who notes that expectations that reduced supply could enhance pricing power and support top-line growth. However, any significant uptick in fundamentals hinges on a housing market revival, which “seems unlikely” without mortgage rates dropping, the analyst added.
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:
