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Americold Realty (COLD) Receives a Sell from J.P. Morgan

Tipranks - Tipranks - Thu Jun 11, 7:24AM CDT

J.P. Morgan analyst Michael Mueller maintained a Sell rating on Americold Realty yesterday and set a price target of $16.00. The company’s shares closed yesterday at $14.89.

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According to TipRanks, Mueller is an analyst with an average return of -1.3% and a 48.65% success rate. Mueller covers the Real Estate sector, focusing on stocks such as Ventas, Welltower, and Federal Realty.

Americold Realty has an analyst consensus of Hold, with a price target consensus of $15.23.

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Based on Americold Realty’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $629.87 million and a GAAP net loss of $13.56 million. In comparison, last year the company earned a revenue of $628.98 million and had a GAAP net loss of $16.38 million

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