Agree Realty (ADC) Tops Q1 Earnings by 4c

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Go back to Agree Realty (ADC) Tops Q1 Earnings by 4c

Agree Realty (ADC) PT Raised to $54 at Stifel on 1Q Report; 'Maintains Transaction Guidance'

April 25, 2017 5:50 AM EDT

Stifel raised its price target on Agree Realty (NYSE: ADC) to $54.00 (from $53.00) while maintaining a Buy rating following the company's first quarter report.

Analyst Simon Yarmak notes the company continues to decrease its exposure to Walgreens at 10.5% of revenue from 17.2% in December 2014, while... More