UBS raised the firm’s price target on Agree Realty (ADC) to $82 from $80 and keeps a Buy rating on the shares. Agree’s decision to raise its 2025 AFFO guidance midpoint and acquisition midpoint was driven by several key factors, including its high portfolio occupancy and a fortified liquidity position, the analyst tells investors in a research note.
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Read More on ADC:
- 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
- Agree Realty reports Q2 AFFO $1.06, consensus $1.06
- Agree Realty raises FY25 AFFO view to $4.29-$4.32 from $4.27-$4.30