Keybanc Maintains Overweight on Americold Realty Trust, Lowers Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Craig Mailman has maintained an Overweight rating on Americold Realty Trust (COLD) but lowered the price target from $37 to $32.
March 22, 2024 | 5:45 pm
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NEUTRAL IMPACT
Keybanc maintains an Overweight rating on Americold Realty Trust but lowers the price target from $37 to $32.
While the maintenance of an Overweight rating suggests continued confidence in Americold Realty Trust's fundamentals and potential for growth, the reduction in the price target could indicate concerns about near-term challenges or market conditions that might limit stock price appreciation in the short term. This mixed signal could lead to neutral short-term price movement as investors digest both the reaffirmation of the stock's potential and the tempered expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100