Stifel raised the firm’s price target on Agree Realty (ADC) to $81 from $80.75 and keeps a Buy rating on the shares after the company reported Q3 core FFO 2c above the firm’s estimate and 3c above the Street, driven by higher lease termination fees.
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Read More on ADC:
- Strong Performance and Strategic Growth: Agree Realty’s Upward Trajectory Earns Buy Rating
- Agree Realty reports Q3 AFFO $1.10, consensus $1.08
- Agree Realty raises FY25 AFFO view to $4.31-$4.33, consensus $4.33
- ADC Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Agree Realty raises monthly dividend by 2.6% to 26.2c per share