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.
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