Truist lowered the firm’s price target on Americold Realty Trust (COLD) to $17 from $20 and keeps a Buy rating on the shares. Cold storage demand trends are expected to remain challenging and likely to persist into 2026, the analyst tells investors in a research note. Based on its dialogue with the management, the firm expects negative occupancy trends to continue into 2026 with potentially slightly negative rates, the firm added.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on COLD:
- Americold Realty: Strategic Positioning and Long-Term Growth Potential Amid Industry Challenges
- Americold Realty Trust downgraded to Underweight from Neutral at JPMorgan
- Americold Realty Downgraded to Sell: Operational Challenges and Overvaluation Concerns
- Americold Realty Highlights Growth Strategy in Presentation
- Americold Realty Trust price target lowered to $19 from $22 at Evercore ISI