Truist Securities Maintains Hold on Acadia Realty Trust, Raises Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on Acadia Realty Trust while raising the price target from $18 to $23.
August 28, 2024 | 5:35 pm
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Truist Securities has maintained a Hold rating on Acadia Realty Trust and increased the price target from $18 to $23, indicating a positive outlook.
The increase in price target from $18 to $23 by Truist Securities suggests a positive outlook for Acadia Realty Trust, which could lead to a short-term price increase. However, the Hold rating indicates a neutral stance on immediate buying.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100