Scotiabank Maintains Rating, Lowers Price Target for LINE | LINE Stock News

May 15, 2025

On May 15, 2025, analyst Greg McGinniss from Scotiabank issued an update on Lineage (LINE, Financial). The investment bank has decided to maintain its 'Sector Perform' rating for the company.

In this update, Scotiabank has also made a change to its price target for Lineage (LINE, Financial), lowering it from $56.00 to $50.00 USD. This adjustment represents a 10.71% decrease in the price target.

The maintained 'Sector Perform' rating indicates that Scotiabank believes Lineage's (LINE, Financial) stock performance is expected to be in line with other stocks within their sector. The lowered price target suggests a revised outlook on the stock's future price potential.

Investors and market watchers will be keen to see how Lineage (LINE, Financial) responds to these developments as the company continues to operate within the financial parameters set by the analyst community.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

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