Scotiabank analyst Greg McGinniss lowered the firm’s price target on Americold Realty Trust (COLD) to $24 from $28 and keeps an Outperform rating on the shares. The firm expects Americold to generate higher AFFO per share growth than Lineage (LINE) in 2025-2027 at a discounted valuation, the analyst tells investors in a note on the U.S. cold storage group. The firm downgraded Lineage to Sector Perform, as previously reported.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on COLD:
- Americold Realty Trust upgraded to Overweight from Equal Weight at Barclays
- Ex-Dividend Date Nearing for These 10 Stocks – Week of March 24, 2025
- Americold Realty Trust price target lowered to $23 from $25 at Citi
- Americold Realty Trust to acquire facility in Houston for $127M
- Americold Realty Trust price target raised to $28 from $27 at Scotiabank