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Analysts Have Conflicting Sentiments on These Real Estate Companies: NNN REIT (NNN) and Cubesmart (CUBE)

Tipranks - Sat May 2, 10:04AM CDT

Analysts have been eager to weigh in on the Real Estate sector with new ratings on NNN REIT (NNN) and Cubesmart (CUBE).

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NNN REIT (NNN)

In a report released today, James Kammert from Evercore ISI maintained a Hold rating on NNN REIT, with a price target of $46.00. The company’s shares closed last Friday at $43.61.

According to TipRanks.com, Kammert is a 3-star analyst with an average return of 2.4% and a 51.6% success rate. Kammert covers the NA sector, focusing on stocks such as Essential Properties Realty, Healthpeak Properties, and Four Corners Property. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for NNN REIT with a $46.06 average price target, implying a 5.2% upside from current levels. In a report released yesterday, TipRanks – OpenAI also downgraded the stock to Hold with a $47.00 price target.

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Cubesmart (CUBE)

Evercore ISI analyst Michael Griffin CFA maintained a Buy rating on Cubesmart today and set a price target of $48.00. The company’s shares closed last Friday at $40.59, close to its 52-week low of $39.80.

According to TipRanks.com, CFA is a 2-star analyst with an average return of 2.9% and a 76.5% success rate. CFA covers the NA sector, focusing on stocks such as Rexford Industrial Realty, Phillips Edison & Company, and Eastgroup Properties. ;'>

Currently, the analyst consensus on Cubesmart is a Moderate Buy with an average price target of $43.30, which is a 5.5% upside from current levels. In a report released today, BMO Capital also maintained a Buy rating on the stock with a $43.00 price target.

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