JPMorgan downgraded Americold Realty Trust (COLD) to Underweight from Neutral with a price target of $15, down from $17. While the shares have already lagged this year, 2026 consensus estimates “could be far too high,” the analyst tells investors in a research note. The firm believes the resetting of estimates could continue to be a headwind for the stock. JPMorgan again reduced estimates for Americold after speaking to management.
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Read More on COLD:
- Americold Realty Downgraded to Sell: Operational Challenges and Overvaluation Concerns
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- Americold Realty Trust price target lowered to $19 from $22 at Evercore ISI
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