Raymond James Upgrades Americold Realty Trust to Outperform, Maintains Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst William Crow upgraded Americold Realty Trust (COLD) from Market Perform to Outperform, while maintaining the price target at $31.
February 29, 2024 | 10:44 am
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Americold Realty Trust was upgraded by Raymond James from Market Perform to Outperform, with a steady price target of $31.
Upgrades by analysts, especially from reputable firms like Raymond James, can lead to increased investor confidence and potentially drive the stock price up in the short term. The maintenance of the price target at $31 suggests a positive outlook on the stock's value, reinforcing the upgrade's impact.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100