Lineage (LINE) Outlook Unchanged as Citigroup Lowers Target by $1
Group 1 - Lineage, Inc. is among the 11 worst performing dividend stocks year-to-date [1] - Citigroup has lowered its price target for Lineage from $39 to $38 while maintaining a Neutral rating [2] - In Q3 2025, Lineage reported a revenue of $1.3 billion, a 3.1% increase year-over-year, with adjusted EBITDA growing 2% to $341 million [3] Group 2 - Lineage has expanded its cold storage presence through acquisitions, achieving a CAGR of 44% in adjusted EBITDA since 2008 [4] - The company raised $4.4 billion in its IPO in 2024, with an implied market value of $18 billion, indicating significant growth potential [4] - Lineage started with one warehouse in late 2008 and has since made over 100 acquisitions to expand its footprint [4]