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CubeSmart price target lowered to $49 from $50 at Barclays

CubeSmart price target lowered to $49 from $50 at Barclays

Barclays lowered the firm’s price target on CubeSmart (CUBE) to $49 from $50 and keeps an Equal Weight rating on the shares. The firm slightly lowered self-storage estimates to reflect soft demand, lingering supply pressure, and “muted” expectations for seasonal demand compared to last year.

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