Lineage price target lowered to $34 from $40 at BofA

BofA lowered the firm’s price target on Lineage (LINE) to $34 from $40 and keeps an Underperform rating on the shares. While stock performance did not reflect it, Q3 earnings season was “strong” for U.S. REITs as 69% of REITs beat the Street, the analyst tells investors in a note on the group.