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Bank of America Securities Sticks to Its Buy Rating for Americold Realty (COLD)

Tipranks - Tipranks - Tue Jan 13, 10:40PM CST

Bank of America Securities analyst Samir Khanal maintained a Buy rating on Americold Realty yesterday and set a price target of $14.00.

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According to TipRanks, Khanal is an analyst with an average return of -1.5% and a 53.33% success rate. Khanal covers the Real Estate sector, focusing on stocks such as Prologis, Tanger, and Federal Realty.

Americold Realty has an analyst consensus of Hold, with a price target consensus of $13.45.

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Based on Americold Realty’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $663.67 million and a GAAP net loss of $11.37 million. In comparison, last year the company earned a revenue of $674.17 million and had a GAAP net loss of $3.73 million

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