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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Read More on CUBE:
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- CubeSmart upgraded to Overweight from Sector Weight at KeyBanc
- CubeSmart downgraded to Sector Perform from Outperform at Scotiabank
- CubeSmart Announces New Equity Distribution Agreement
- CubeSmart Highlights Strategic Achievements in March 2025
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