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Scotiabank analyst Daniel Tricarico lowered the firm’s price target on CubeSmart (CUBE) to $40 from $46 and keeps a Sector Perform rating on the shares. The firm lowered its Storage REIT FY25-FY26 FFOPS estimates due to expected weaker economic activity, but also sees manageable additional negative impact on its downside recession scenario.

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• CubeSmart initiated with a Neutral at Mizuho

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

• Robinhood initiated, MongoDB downgraded: Wall Street’s top analyst calls

• CubeSmart upgraded to Overweight from Sector Weight at KeyBanc

• CubeSmart downgraded to Sector Perform from Outperform at Scotiabank