Stifel Maintains Buy on Agree Realty, Lowers Price Target to $76
Portfolio Pulse from richadhand@benzinga.com
Stifel analyst Simon Yarmak maintains a Buy rating on Agree Realty (NYSE:ADC) but lowers the price target from $77.5 to $76.

June 29, 2023 | 1:48 pm
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NEUTRAL IMPACT
Stifel analyst maintains a Buy rating on Agree Realty but lowers the price target from $77.5 to $76.
The news is directly about Agree Realty. The maintained Buy rating indicates continued confidence in the company, which could be positive for the stock. However, the lowered price target might indicate a slightly less optimistic outlook, which could have a neutral to slightly negative impact on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100