Baird lowered the firm’s price target on Americold Realty Trust (COLD) to $28 from $31 and keeps an Outperform rating on the shares. The firm said its business efficiency improvement is encouraging, but lack of visibility on occupancy trajectory is causing investors to pause.
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Read More on COLD:
- Americold Realty Trust Reports Mixed Q3 2024 Results
- Americold Realty Trust sees 2024 AFFO per share $1.44-$1.50, consensus $1.48
- Americold Realty Reports Strong Q3 2024 Growth and Investments
- Americold Realty Trust reports Q3 AFFO per share 35c, consensus 36c
- Americold Realty Trust price target raised to $28 from $25 at Barclays