Wells Fargo Initiates Coverage On Agree Realty with Overweight Rating, Announces Price Target of $70
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Connor Siversky has initiated coverage on Agree Realty (NYSE:ADC) with an Overweight rating and a price target of $70.
September 21, 2023 | 8:47 am
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Agree Realty has been given an Overweight rating by Wells Fargo with a price target of $70.
The Overweight rating from Wells Fargo indicates a positive outlook for Agree Realty. The price target of $70 suggests that the analyst believes the stock has significant upside potential. This could lead to increased investor interest and a potential increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100