The upgrade reflects the company's appealing valuation and its portfolio's strong tenant credit quality. Additionally, Stifel analysts have maintained their Buy rating on Agree Realty with a price target of $81.00, citing the company's strong financial health and growth prospects for 2025. Stifel's confidence is bolstered by Agree Realty's robust balance sheet and proactive measures to secure growth, including a focus on investment-grade tenants. These developments underscore Agree Realty's strategic positioning and market outlook. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.