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Fly News Breaks for December 13, 2018
ADC
Dec 13, 2018 | 05:58 EDT
Jefferies analyst Omotayo Okusanya upgraded Agree Realty to Buy and raised his price target for the shares to $70 from $60. The company "continues to fire on all cylinders" as accretion from acquisitions continues to drive earnings growth, Okusanya tells investors in a research note. Further, the analyst expects Agree to continue taking advantage of its "attractive spread investing" in 2019.
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