Agree Realty raised to Buy at UBS on AFFO growth outlook (ADC:NYSE)


Concept image of Business Acronym REIT as Real Estate Investment Trust. 3d rendering

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UBS analyst Michael Goldsmith upgraded Agree Realty Corp. (NYSE:ADC) shares to Buy from Neutral on Monday on the premise that increased acquisitions would drive growth in adjusted funds from operations.

Acquisitions are expected to climb to $1.2B in 2025 from $0.75B in


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