Americold: Tide Is Turning On This High Yield (Rating Downgrade)
Americold Realty Trust, Inc. is experiencing a resurgence in operational momentum following a challenging period of margin pressure. The company's recent joint venture with EQT Partners has generated $1.1 billion, aiding in its deleveraging efforts. Despite these positive developments, COLD stock has been downgraded to a buy rating.
- ▪Americold Realty is regaining operational momentum after a prolonged period of margin pressure.
- ▪COLD's transformational joint venture with EQT Partners unlocks $1.1 billion in proceeds.
- ▪The joint venture accelerates deleveraging and highlights a significant public-private valuation gap.
Opening excerpt (first ~120 words) tap to expand
{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://seekingalpha.com/"},{"@type":"ListItem","position":2,"name":"Dividends Analysis","item":"https://seekingalpha.com/dividends"},{"@type":"ListItem","position":3,"name":"REITs Analysis","item":"https://seekingalpha.com/dividends/reits"},{"@type":"ListItem","position":4,"name":"Real Estate Analysis","item":"https://seekingalpha.com/stock-ideas/real-estate"}]}{"@context":"https://schema.org","@type":"NewsArticle","mainEntityOfPage":{"@type":"WebPage","@id":"https://seekingalpha.com/article/4908272-americold-tide-is-turning-on-this-high-yield-rating-downgrade"},"author":{"@type":"Person","name":"Gen…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Seeking Alpha.
Discussion
0 commentsMore from Seeking Alpha
