RBC Capital Maintains Outperform on Agree Realty, Raises Price Target to $67
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Brad Heffern has maintained an Outperform rating on Agree Realty (NYSE:ADC) and increased the price target from $66 to $67.
January 04, 2024 | 7:05 pm
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RBC Capital analyst Brad Heffern maintains an Outperform rating on Agree Realty and raises the price target to $67.
The maintenance of an Outperform rating combined with an increased price target typically signals analyst confidence in the company's future performance, which may positively influence investor sentiment and potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100