Truist Securities Maintains Buy on Agree Realty, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Ki Bin Kim has reaffirmed a Buy rating on Agree Realty (NYSE:ADC) and increased the price target from $62 to $70.
January 16, 2024 | 6:36 pm
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Truist Securities analyst Ki Bin Kim maintains a Buy rating on Agree Realty and raises the price target from $62 to $70, indicating a positive outlook on the stock.
The increase in price target by Truist Securities suggests a strong confidence in Agree Realty's future performance, which could lead to increased investor interest and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100