Citi analyst Nick Joseph lowered the firm’s price target on Americold Realty Trust (COLD) to $25 from $30 and keeps a Neutral rating on the shares. The firm, which is updating its model to reflect Q3 results, notes that its 2025 AFFO per share estimate decreases to $1.58 from $1.60, reflecting modest revenue growth and tougher expense comps following better controls in 2024.
Don't Miss Our New Year's Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on COLD:
- Americold Realty Trust price target lowered to $26 from $28 at Barclays
- Americold Realty Trust price target lowered to $30 from $33 at RBC Capital
- Americold Realty Trust price target lowered to $28 from $31 at Baird
- Americold Realty Trust Reports Mixed Q3 2024 Results
- Americold Realty Trust sees 2024 AFFO per share $1.44-$1.50, consensus $1.48