Lineage, Inc. - Common Stock (LINE)

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These large-cap stocks were top performers last week. Heico, Xpeng, Li Auto, Lineage, Erie Indemnity, Lloyds, Unum, FICO, Masimo, Smith & Nephew, AB InBev, and Nutanix all saw significant gains.

LINE earnings call for the period ending December 31, 2024.

LINE earnings call for the period ending September 30, 2024.

The Lineage IPO was an exciting opportunity to buy a new-to-the-market cold storage REIT, but there's little else to recommend the industrial stock.

Lineage shares rise after multiple firms initiate coverage with Buy ratings. JPMorgan analyst initiates with Overweight rating and $93 price target, citing challenges in cold storage business but expects improved trends. Lineage heavily invests in technology and acquisitions, with potential for above-forecasted growth. BofA Securities analyst maintains Buy rating and $100 price target, highlighting competitive advantage and investments in technology. Truist Securities analyst starts coverage with Buy rating and $94 price target, anticipating rebound in food sector and strong market position for Lineage.

Piper Sandler downgraded Sweetgreen, Dutch Bros. Coverage initiated on cold storage REIT.

Ten large-cap stocks were the worst performers last week, with TME, MBLY, RIVN, CMG, LINE, SIRI, HSY, BAX, BR, and UTHR all seeing declines.

And we talk with PG&E CEO Patricia Poppe about the company's turnaround and how it's serving the growing electricity demand from data centers.

Lineage jumped as much as 5% in their debut on the Nasdaq earlier this week. The largest temperature-controlled warehouse real estate investment trust in the world raised $4.4B at an implied valuation of $18B, making it the largest IPO since Arm.