Lineage price target lowered to $73 from $76 at Scotiabank

Scotiabank analyst Greg McGinniss lowered the firm’s price target on Lineage (LINE) to $73 from $76 and keeps an Outperform rating on the shares. The company’s management has already confirmed that, unless demand improves pricing similar to 2024 is likely for 2025, the analyst tells investors. Additionally, foot traffic data suggests continued weakness in throughput and physical occupancy in Q4, the firm adds.