Citigroup still thinks Acadia Realty Trust is a good buy but has cut its price target to $24.

AKR · Acadia Realty Trust

The AI's read

This note changes only how one bank describes Acadia's shares. The kept Buy rating and target above the cited closing price are favorable, but the lower target points the other way. It reports no new change in Acadia's business, so the story does not point clearly toward a change in the company's outlook.