Barclays Lowers the PT on Lineage, Inc. (LINE), Keeps a Buy Rating

Lineage, Inc. (NASDAQ:LINE) is one of the Best 52-Week Low Mid Cap Stocks to Buy Now. On October 22, Barclays lowered the price target on Lineage, Inc. (NASDAQ:LINE) from $51 to $47, while maintaining a Buy rating on the stock.

The firm noted that they see a lot of industry challenges and only a few bright spots in the cold storage sector before the Q3 earnings.

Management of Lineage, Inc. (NASDAQ:LINE) during the fiscal second quarter earnings lowered their full year guidance. They now expect adjusted EBITDA of $1.29 billion to $1.34 billion against the previous guidance of $1.35 billion to $1.40 billion. The third quarter adjusted EBITDA is expected to be between $326 million and $336 million. The company is set to release its third-quarter results on November 5, 2025.

Earlier on October 14, Michael Goldsmith from UBS also lowered the price target on Lineage, Inc. (NASDAQ:LINE) from $45 to $41, while keeping a Hold rating.

Lineage, Inc. (NASDAQ:LINE) is a global temperature-controlled warehouse REIT providing industrial real estate and cold-chain logistics services across North America, Europe, and Asia-Pacific.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.