Truist analyst Ki Bin Kim lowered the firm’s price target on Americold Realty Trust (COLD) to $24 from $27 and keeps a Buy rating on the shares as part of a broader research note on REIT’s. The firm is updating its model to reflect Q1 results, recent events and adjusted revenue growth and expense assumptions, the analyst tells investors in a research note.
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: