BTIG lowered the firm’s price target on Agree Realty to $65 from $78 and keeps a Buy rating on the shares. The firm is updating its model on the stock following the company’s Q3 results while noting that its 2024 estimate also reflects a stronger run rate coming out of this year, offset by assumption for slower acquisition activity to start the year, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on ADC: