Citigroup Maintains Neutral on Agree Realty, Lowers Price Target to $64
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Michael Bilerman maintains a Neutral rating on Agree Realty (NYSE:ADC) and has lowered the price target from $75 to $64.
September 22, 2023 | 2:32 pm
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NEUTRAL IMPACT
Citigroup has maintained a Neutral rating on Agree Realty and lowered the price target from $75 to $64.
The news directly pertains to Agree Realty (ADC). The lowering of the price target by Citigroup could potentially impact investor sentiment and the stock's price. However, the maintained Neutral rating indicates that the analyst does not expect significant price movement in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100