Scotiabank analyst Greg McGinniss lowered the firm’s price target on Lineage (LINE) to $43 from $49 and keeps a Sector Perform rating on the shares. The firm is updating its price targets on U.S. Cold Storage stocks under its coverage, the analyst tells investors. Aligning with recent management commentary, trends are lagging behind historical expectations, the analyst tells investors.
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Read More on LINE:
- Lineage price target lowered to $53 from $60 at Truist
- Lineage price target lowered to $51 from $64 at RBC Capital
- Lineage price target lowered to $51 from $64 at Baird
- Arm initiated, Adobe downgraded: Wall Street’s top analyst calls
- BofA downgrades Lineage to Underperform on weak demand, lack of visibility
