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Investing.com - Evercore ISI raised its price target on Lineage Inc (NASDAQ:LINE) to $50.00 from $45.00 while maintaining an "In Line" rating. The company, currently trading at $42.80 with a market capitalization of $10.9 billion, is showing mixed signals according to InvestingPro data.
The research firm attributed the price target increase to a correction in its discounted cash flow (DCF) analysis for the company.
Evercore ISI acknowledged it had inadvertently understated future year discounted cash flows in its previous model update published on August 6, which negatively impacted its DCF estimate and price target.
Following the correction, the firm’s DCF estimate for Lineage increased to $54.48 from $40.36, prompting the price target adjustment.
The DCF analysis represents a 35% weighting in Evercore ISI’s price target algorithm for LINE and COLD, according to the research note.
In other recent news, Lineage Inc. reported its second-quarter 2025 earnings, which did not meet analysts’ expectations. The company experienced a modest increase in revenue, but earnings slightly missed the forecasts. This development has been part of Lineage’s ongoing efforts to focus on innovation and operational improvements, despite a challenging quarter. Analyst firms have yet to adjust their ratings or provide new guidance following these results. Investors are closely monitoring how the company navigates these recent financial outcomes. This earnings announcement follows a period of strategic initiatives aimed at enhancing the company’s market position. The financial community is awaiting further updates from Lineage to assess its future performance.
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