Lineage, Inc. (LINE) Receives a Buy from Truist Financial
In a report released today, Michael Lewis from Truist Financial maintained a Buy rating on Lineage, Inc., with a price target of $44.00.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Lewis covers the Real Estate sector, focusing on stocks such as Lineage, Inc., AvalonBay, and Extra Space Storage. According to TipRanks, Lewis has an average return of 9.4% and a 64.34% success rate on recommended stocks.
In addition to Truist Financial, Lineage, Inc. also received a Buy from RBC Capital’s Michael Carroll in a report issued on February 27. However, on March 2, Citi maintained a Hold rating on Lineage, Inc. (NASDAQ: LINE).
Based on Lineage, Inc.’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.34 billion and a net profit of $6 million. In comparison, last year the company earned a revenue of $1.34 billion and had a GAAP net loss of $71 million
Read More on LINE:
Disclaimer & DisclosureReport an Issue
- Lineage price target raised to $44 from $42 at RBC Capital
- Lineage price target raised to $42 from $38 at Citi
- Lineage price target raised to $43 from $41 at Piper Sandler
- Lineage price target raised to $40 from $39 at Baird
- Maintaining a Buy on Lineage, Inc.: Operational Discipline and Cost Efficiencies Support 2026 Outlook Amid Macro Headwinds
