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Agree Realty price target raised to $80 from $79 at Wells Fargo

Wells Fargo raised the firm’s price target on Agree Realty (ADC) to $80 from $79 and keeps an Overweight rating on the shares. The firm is adjusting price targets across its Healthcare and Net Leasing REIT coverage based on its AFFO yield spread regression analyses and updated NAVs.

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