Truist lowered the firm’s price target on Agree Realty to $62 from $74 and keeps a Buy rating on the shares as part of a broader research note updating the firm’s model based on the REIT’s third quarter results, recent events, adjusted revenue growth and expense assumption.
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Read More on ADC:
- Agree Realty Declares Monthly Common and Preferred Dividends
- Agree Realty price target lowered to $65 from $78 at BTIG
- Agree Realty price target lowered to $63 from $74 at RBC Capital
- Agree Realty Corporation Reports Third Quarter 2023 Results
- Agree Realty reports Q3 adjsuted FFO $1.00, consensus 98c