Truist Securities Maintains Buy on Agree Realty, Raises Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained its Buy rating on Agree Realty and raised the price target from $77 to $80, indicating a positive outlook for the stock.
October 30, 2024 | 3:19 pm
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POSITIVE IMPACT
Truist Securities has maintained its Buy rating on Agree Realty and increased the price target from $77 to $80, suggesting confidence in the company's future performance.
The increase in price target from $77 to $80 by Truist Securities reflects a positive sentiment towards Agree Realty's future performance. The Buy rating suggests that the analyst expects the stock to perform well, which could lead to a short-term increase in stock price as investors react to the news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100