Lineage price target lowered to $52 from $59 at Barclays

Barclays analyst Brendan Lynch lowered the firm’s price target on Lineage (LINE) to $52 from $59 and keeps an Overweight rating on the shares as part of a Q2 earnings preview. The firm says that while most of its cold storage checks are negative, investor sentiment is assuming a worst-case scenario. It thinks any sign of operating stabilization could result in a re-rating of the stocks.