RBC Capital Maintains Outperform on Americold Realty Trust, Lowers Price Target to $32
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 $34 to $32.
February 28, 2024 | 2:49 pm
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NEUTRAL IMPACT
RBC Capital maintains an Outperform rating on Americold Realty Trust but lowers the price target from $34 to $32.
The maintenance of an Outperform rating by RBC Capital suggests a positive outlook on Americold Realty Trust's performance. However, the reduction in the price target from $34 to $32 indicates a slight adjustment in expectations, possibly due to market conditions or company-specific factors. This mixed signal could lead to a neutral short-term impact on the stock price, as the positive sentiment from the Outperform rating may be somewhat offset by the lowered price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100