Mizuho lowered the firm’s price target on Agree Realty to $73 from $78 and keeps a Neutral rating on the shares. The analyst expects several macro challenges, including inflation, financing costs and tenant credit, to persist and limit transaction activity near-term.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on ADC: