JP Morgan Maintains Neutral on Americold Realty Trust, Lowers Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Michael Mueller has maintained a Neutral rating on Americold Realty Trust (NYSE:COLD) and reduced the price target from $34 to $32.
December 01, 2023 | 7:32 pm
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NEUTRAL IMPACT
JP Morgan has maintained a Neutral rating on Americold Realty Trust and lowered the price target from $34 to $32.
The reduction in price target by JP Morgan reflects a slightly less optimistic outlook on Americold Realty Trust's stock value, but the maintenance of a Neutral rating suggests no significant change in the company's fundamentals. This may lead to a modest negative investor sentiment in the short term, but the overall impact is likely to be neutral as the rating did not change.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100