Raymond James Maintains Strong Buy on Agree Realty, Lowers Price Target to $76
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst RJ Milligan maintains a Strong Buy rating on Agree Realty (NYSE:ADC) but lowers the price target from $81 to $76.

June 14, 2023 | 11:24 am
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Raymond James maintains a Strong Buy rating on Agree Realty, but lowers the price target from $81 to $76.
The news indicates that Raymond James still has a positive outlook on Agree Realty, maintaining a Strong Buy rating. However, the lowered price target from $81 to $76 may cause some uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100