Lineage price target lowered to $50 from $56 at Scotiabank

Scotiabank analyst Greg McGinniss lowered the firm’s price target on Lineage (LINE) to $50 from $56 and keeps a Sector Perform rating on the shares. The company has an “uphill battle” to hit its 2025 guidance range, the analyst tells investors in a research note. The firm says its analysis underscores the “dramatic” second half of 2025 seasonal uplift Lineage appears to be assuming by largely maintaining its fiscal year guidance.