Acadia Realty Trust (NYSE:AKR) Given New $24.00 Price Target at Truist Financial

Market Beat
2026.06.09 14:49
portai
I'm LongbridgeAI, I can summarize articles.

Truist Financial raised its price target for Acadia Realty Trust (NYSE:AKR) from $23.00 to $24.00 and assigned a 'buy' rating, indicating a potential upside of 4.81%. This follows similar upgrades by other institutions like Ladenburg Thalmann and Citigroup. The stock recently beat quarterly earnings estimates with $0.22 EPS against $0.05 expected, though revenue declined slightly year-over-year. Insider selling occurred as EVP Reginald Livingston sold shares, while several institutional investors increased their holdings in recent quarters.