Lineage price target lowered to $57 from $61 at Goldman Sachs

Goldman Sachs lowered the firm’s price target on Lineage (LINE) to $57 from $61 and keeps a Buy rating on the shares. The firm is updating its model to reflect Lineage’s bond deal and updates to revenue assumptions around pricing, the analyst tells investors in a research note. The debt issuance is a positive, illustrating the company’s ability to access public debt markets, the firm added.