Truist Financial analyst Ki Bin Kim maintained a Buy rating on Lineage, Inc. (LINE – Research Report) today and set a price target of $65.00.
Ki Bin Kim has given his Buy rating due to a combination of factors including Lineage, Inc.’s 2025 AFFO per share guidance, which surpasses both consensus and the firm’s own estimates. This guidance is based on a stable cold storage and food market, with expected same-store net operating income growth and inflationary pricing strategies, despite no anticipated occupancy growth.
Additionally, the recent underperformance of the stock suggests that the market may not be surprised by the current soft business environment. However, Kim sees potential upside opportunities once the sector stabilizes, through leasing available inventory, mergers and acquisitions, and margin improvements driven by LinOS. These factors contribute to a positive outlook for Lineage, Inc., supporting the Buy recommendation.
In another report released on February 24, Morgan Stanley also maintained a Buy rating on the stock with a $80.00 price target.