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Fly News Breaks for August 30, 2017
CUBE
Aug 30, 2017 | 07:22 EDT
As previously reported, Raymond James downgraded CubeSmart to Market Perform from Outperform. Analyst Jonathan Hughes expects CubeSmart's outsized exposure to New York City MSA will be remain a headwind to revenue growth given elevated new supply coming online over the next 12-18 months.
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