Americold Realty Trust price target raised to $14 from $12 at Scotiabank

Scotiabank analyst Greg McGinniss raised the firm’s price target on Americold Realty Trust (COLD) to $14 from $12 and keeps a Sector Perform rating on the shares. The firm is updating its price targets for U.S. Cold Storage under its coverage, the analyst tells investors. Scotiabank notes investors should “brace for another tough year,” with potential challenges with pricing and occupancy dynamics.