Stifel analyst Simon Yarmak raised the firm’s price target on Agree Realty (ADC) to $82.50 from $81 and keeps a Buy rating on the shares. Q1 core FFO of $1.04 was in line with the firm’s estimate and the Street while Agree slightly raised guidance, the analyst noted.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ADC:
- Agree Realty’s Strong Financial Performance and Strategic Positioning Justify Buy Rating
- Agree Realty’s Strong Financial Position and Strategic Expansion Justify Buy Rating
- Agree Realty reports Q1 FFO $1.06 , consensus $1.04
- Agree Realty narrows FY25 AFFO view to $4.27-$4.30 from $4.26-$4.30
- Agree Realty increases dividend 2.4% to 25.3c