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Lineage price target lowered to $71 from $77 at Goldman Sachs

Goldman Sachs lowered the firm’s price target on Lineage (LINE) to $71 from $77 and keeps a Buy rating on the shares following quarterly results. The firm believes Lineage can grow 6.1% in 2025 vs the REIT average of 1.8%, driven by cost efficiency, with potential upside to numbers if LINE is able to deploy capital accretively through acquisitions or if overall demand for cold storage improves, increasing inventory levels and Lineage occupancy.

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