Agree Realty (ADC) Misses Q3 EPS by 1c

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Agree Realty (ADC) Continues to Build Portfolio Following 3Q Results; Compass Point Reiterates Buy

October 28, 2015 7:36 AM EDT

Compass Point reiterated a Buy rating on Agree Realty (NYSE: ADC), and raised the price target to $36.00 (from $34.00), following the company's 2Q15 earnings results. ADC reported AFFO per share of $0.60, in-line with the Streets consensus. Management continues to execute on their acquisition strategy, acquiring 15 net lease properties for an aggregate... More