Scotiabank lowered the firm’s price target on Americold Realty Trust (COLD) to $16 from $20 and keeps a Sector Perform rating on the shares. The firm is updating its price targets on U.S. Cold Storage stocks under its coverage, the analyst tells investors. Aligning with recent management commentary, trends are lagging behind historical expectations, the analyst tells investors.
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Read More on COLD:
- Americold Realty’s Strategic Leadership and Attractive Valuation Drive Buy Rating
- Americold Realty Appoints New CEO Robert S. Chambers
- Americold Realty Trust appoints President Robert Chambers as CEO
- Americold Realty Trust price target lowered to $20 from $24 at Truist
- Americold Realty Trust price target lowered to $19 from $25 at RBC Capital