UBS Maintains Neutral on Agree Realty, Raises Price Target to $77
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Michael Goldsmith has maintained a Neutral rating on Agree Realty (NYSE:ADC) while raising the price target from $72 to $77.
October 16, 2024 | 3:46 pm
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UBS analyst Michael Goldsmith has maintained a Neutral rating on Agree Realty (NYSE:ADC) and increased the price target from $72 to $77.
The increase in the price target from $72 to $77 suggests a positive outlook on Agree Realty's future performance, which could lead to a slight upward movement in the stock price. However, the Neutral rating indicates that the analyst does not expect significant outperformance compared to the market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100