Evercore ISI raised the firm’s price target on Agree Realty (ADC) to $85 from $83 and keeps an Outperform rating on the shares. In a broad REIT note, the analyst rolled forward models to incorporate the firm’s 2027 AFFO estimates into its price target framework.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ADC:
- Agree Realty price target lowered to $77 from $78 at Mizuho
- 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