Evercore ISI lowered the firm’s price target on Americold Realty Trust (COLD) to $13 from $14 and keeps an In Line rating on the shares. A significant drop in interest rates could enhance valuations across the REIT sector, potentially aiding recovery, but estimate revisions indicate lower expectations for 2026 and 2027, the analyst tells investors in a note updating models among the group.
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Read More on COLD:
- Americold Realty, Ancora pact to enhance governance
- Americold Realty appoints Reece, Sleigh to Board of Directors
- Americold Realty Trust downgraded to Neutral from Outperform at Baird
- Ancora reports Americold Realty Trust stake, pushing for review, Bloomberg says
- Americold Realty Reaffirms 2025 Financial Outlook
