Goldman Cuts Lineage Price Target to $48 Amid Lower Earnings Outlook

Goldman Sachs has cut its price target for Lineage Inc. (no ticker mentioned) to $48 from $53 while maintaining a Buy rating on the cold storage warehouse operator.

The stock currently trades at $35.43, suggesting potential upside to the new target, though InvestingPro analysis indicates the shares appear overvalued relative to its Fair Value estimate.

The analyst Caitlin Burrows reduced the firm’s adjusted funds from operations per share estimates for 2026 through 2028.

Growth is still expected in 2027 and 2028, but the key investor question remains whether recent occupancy improvements can be sustained through industry improvement or market share gains.