Truist analyst Ki Bin Kim lowered the firm’s price target on Lineage (LINE) to $53 from $60 and keeps a Buy rating on the shares. The firm decreased its 2025 AFFO per share estimate primarily due to lower occupancy and higher interest expense, partially offset by lower G&A, lower taxes, lower capex, and lower GIS NOI.
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Read More on LINE:
- 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
- Lineage downgraded to Underperform from Neutral at BofA
