Truist lowered the firm’s price target on Acadia Realty Trust (AKR) to $23 from $25 and keeps a Hold rating on the shares as part of a broader research note on REIT’s. The firm is updating its model to reflect recent events and adjusted revenue growth and expense assumptions, the analyst tells investors in a research note.

Don't Miss Our End of Quarter Offers:

Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks. Make smarter investments with  weekly expert stock picks from the Smart Investor Newsletter.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See today’s best-performing stocks on TipRanks >>

Read More on AKR:

Disclaimer & DisclosureReport an Issue

Acadia Realty: Strong Market Position and Growth Potential Justify Buy Rating Acadia Realty Trust management to meet with Compass Point Acadia Realty Trust’s Optimistic Earnings Call Highlights Growth Acadia Realty Trust Reports Strong 2024 Earnings Acadia Realty Trust reports Q4 FFO ex-items 32c, consensus 33c

View Comments