Mizuho Maintains Neutral on Agree Realty, Raises Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Haendel St. Juste maintains a Neutral rating on Agree Realty (NYSE:ADC) and raises the price target from $60 to $62.
May 10, 2024 | 11:03 am
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POSITIVE IMPACT
Mizuho analyst Haendel St. Juste maintains a Neutral rating on Agree Realty and raises the price target from $60 to $62.
The increase in price target by Mizuho suggests a positive outlook on the stock's value, potentially leading to short-term investor optimism. However, the Neutral rating indicates that the analyst sees the stock as fairly valued at its current price, balancing the potential impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100