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J.P. Morgan Sticks to Its Sell Rating for Lineage, Inc. (LINE)

Tipranks - Tipranks - Wed Mar 11, 8:18AM CDT

J.P. Morgan analyst Michael Mueller maintained a Sell rating on Lineage, Inc. yesterday and set a price target of $42.00. The company’s shares closed yesterday at $39.00.

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According to TipRanks, Mueller is an analyst with an average return of -1.0% and a 49.59% success rate. Mueller covers the Real Estate sector, focusing on stocks such as Regency Centers, Eastgroup Properties, and Welltower.

The word on The Street in general, suggests a Hold analyst consensus rating for Lineage, Inc. with a $40.29 average price target.

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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

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