Evercore ISI raised the firm’s price target on Americold Realty Trust to $35 from $34 and keeps an Outperform rating on the shares. The firm is rolling forward its valuation framework in its real estate coverage to capture an additional year of earnings growth, rolling forward its AFFO estimates from 2024 to 2025 and adjusting its price targets accordingly.
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- Americold Realty Trust price target lowered to $32 from $33 at Barclays
- Americold Realty Trust price target lowered to $34 from $38 at RBC Capital
- Americold Realty Trust price target lowered to $30 from $36 at BofA
- Americold Realty Trust backs FY23 AFFO view $1.24-$1.30, consensus $1.24
- Americold Realty Trust reports Q3 AFFO EPS 32c, consensus 32c