Compass Point raised the firm’s price target on Acadia Realty Trust to $18 from $16 and keeps a Neutral rating on the shares. The firm is updating its model to adjust fourth quarter estimates while also reflecting the recent 6.9M share “opportunistic equity raise.”
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- Acadia Realty Trust 6.9M share Spot Secondary priced at $16.75
- Acadia Realty Trust 6M share Spot Secondary; price range $16.55-$17.05
- Acadia Realty Trust announces offering of 6M common shares
- Acadia Realty Trust upgraded to Buy from Neutral at Jefferies
- Acadia Realty Trust price target raised to $18 from $17 at Truist
