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Truist Financial Sticks to Their Buy Rating for Americold Realty (COLD)

Tipranks - Tipranks - Fri Jun 19, 6:39AM CDT

Truist Financial analyst Michael Lewis maintained a Buy rating on Americold Realty today and set a price target of $16.00.

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According to TipRanks, Lewis is a 5-star analyst with an average return of 9.0% and a 62.32% success rate. Lewis covers the Real Estate sector, focusing on stocks such as Kimco Realty, National Health Investors, and Mid-America Apartment.

Currently, the analyst consensus on Americold Realty is a Hold with an average price target of $15.36.

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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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