Barclays raised the firm’s price target on Agree Realty (ADC) to $86 from $81 and keeps an Equal Weight rating on the shares. The firm adjusted targets in the net lease real estate investment trust group as part of a Q1 preview. It seems to be a “Goldilocks” environment for much of net lease right now, the analyst tells investors in a research note. Barclays expects issuance announcements and several acquisition volume guidance increases.
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