Lineage falls after Barclays downgrades to 'equal-weight'

Lineage

13/01/2026 14:54

** Shares of cold storage real estate investment trust Lineage LINE.O down 2.6% at $36 in morning trading

** Barclays cuts rating to "equal-weight" from "overweight"; trims PT to $38 from $47, still implying 2.2% upside to stock's last close

** Brokerage expects ongoing industry challenges-such as oversupply, elevated food inflation and tariff pressures to hurt co's operating performance

     ** Cold storage recovery is still a long way off, even if easing challenges support Lineage regain some lost ground, says Barclays

** Five of 19 brokerages rate the stock "buy", eleven "hold" and three "sell"; their median PT is $38.50- data compiled by LSEG

** LINE's stock fell 40.2% in 2025

 (Reporting by Apratim Sarkar in Bengaluru)

 ((Apratim.Sarkar@thomsonreuters.com))