Lineage Stock Forecast Slashed By 30%
BofA Securities analyst Jeffrey Spector downgraded Lineage Inc (NASDAQ:LINE) to Neutral from Buy on Tuesday and lowered the price forecast from $70.00 to $49.00.
The analyst downgraded LINE and lowered the price target, citing reduced visibility driven by persistent revenue growth challenges, halted supply chain investments, and downward earnings revisions.
Spector noted that producers are delaying key decisions on expansions, plant locations, and transportation sourcing due to macroeconomic uncertainty driven by tariffs.
Lineage reported first-quarter 2025 EPS of $0.01, exceeding analyst expectations of a $ 0.05 loss, and posted revenue of $1.29 billion, which fell short of the $1.34 billion consensus estimate.
