Truist raised the firm’s price target on Agree Realty to $77 from $68 and keeps a Buy rating on the shares as part of a broader research note on the REITs sector adjusting the firm’s estimates based on Q2 results, recent events, and updated revenue growth and expense assumptions.
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Read More on ADC:
- Agree Realty price target raised to $70 from $63 at RBC Capital
- Agree Realty price target raised to $71.50 from $67.50 at Stifel
- Agree Realty raises 2024 AFFO view to $4.11-$4.14 from $4.10-$4.13
- Agree Realty reports Q2 adjusted FFO $1.04, consensus $1.03
- Agree Realty Corporation Reports Second Quarter 2024 Results