Mizuho lowered the firm’s price target on Agree Realty (ADC) to $77 from $78 and keeps a Neutral rating on the shares. The firm adjusted price targets in the real estate investment trust group. Earnings growth for the triple net REITs can accelerate in 2026 on the “safety” of the group, which is evident by tenant diversification, dividend yields, and long-leases, the analyst tells investors in a research note.
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Read More on ADC:
- Agree Realty price target lowered to $77 from $78 at Barclays
- Agree Realty price target raised to $82 from $80 at UBS
- Agree Realty price target raised to $84 from $82 at Truist
- Agree Realty’s Strong Financial Performance and Strategic Positioning Reinforce Buy Rating
- Agree Realty’s Strong Financial Position and Growth Potential Justify Buy Rating