RBC Capital analyst Michael Carroll maintains $Lineage (LINE.US)$ with a buy rating, and adjusts the target price from $94 to $81.
According to TipRanks data, the analyst has a success rate of 60.7% and a total average return of 7.8% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Lineage (LINE.US)$'s main analysts recently are as follows:
Following the Q3 results, it was noted that Lineage's net operating income met expectations despite lackluster demand. Although near-term revenue growth from same-store operating income might be subdued, the company's capacity to sustain occupancy, align price increases with inflation, and enhance efficiency and expense management paves the way for significant normalized growth in the mid-term future.
The company has indicated a more subdued operating climate in the near term. Although it seems customers may be operating their supply chains with excessive leanness, it's challenging to foresee when their approach might shift. The revised outlook incorporates a tempered expectation for organic growth.
Note:
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