MarketBeat Earnings
Acadia Realty Trust (NYSE:AKR) Raised to "Hold" at Wall Street Zen
Wall Street Zen upgraded Acadia Realty Trust (NYSE:AKR) from "sell" to "hold." Despite this, the company reported Q2 EPS of $0.05, missing analyst estimates, though revenue of $95.42 million exceeded expectations. Analysts maintain a "Moderate Buy" consensus with an average price target of $24.00 for Acadia Realty Trust, which specializes in grocery-anchored and necessity-based shopping centers.