RBC Capital Maintains Outperform on Americold Realty Trust, Lowers Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Michael Carroll has maintained an 'Outperform' rating on Americold Realty Trust (NYSE:COLD) but lowered the price target from $38 to $34.
November 07, 2023 | 6:08 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Americold Realty Trust's price target has been lowered from $38 to $34 by RBC Capital, though the 'Outperform' rating is maintained.
The news is directly about Americold Realty Trust. The lowering of the price target might indicate a potential decrease in the stock's value, but the maintained 'Outperform' rating suggests that the stock is still expected to do well overall. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100