Citi analyst Craig Mailman upgraded Acadia Realty Trust (AKR) to Buy from Neutral with a price target of $23, up from $20. The firm cites valuation and Acadia’s internal growth profile for the upgrade. The company is benefitting from improved retail fundamentals along with a less levered balance sheet, which can support capital deployment, the analyst tells investors in a research note.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AKR:
- Acadia Realty Trust initiated with a Neutral at Ladenburg
- Acadia Realty Trust’s Earnings Call Highlights Growth
- Acadia Realty Trust Reports Stable Q2 2025 Results
- Acadia Realty’s Growth Potential and Strategic Resilience: A Buy Rating Amid Operational Challenges
- Acadia Realty Trust reports Q2 EPS 32c, consensus 33c