Truist Securities Reiterates Buy on Acadia Realty Trust, Maintains $17 Price Target
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Ki Bin Kim has reiterated a 'Buy' rating on Acadia Realty Trust (NYSE:AKR) and maintained a price target of $17.
August 21, 2023 | 1:57 pm
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Acadia Realty Trust's stock rating has been reiterated as 'Buy' by Truist Securities with a maintained price target of $17.
The reiteration of a 'Buy' rating by Truist Securities indicates a positive outlook for Acadia Realty Trust. The maintained price target of $17 suggests that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100