Agree Realty: Is This Retail REIT Still A Buy After Sustained Rally? (Rating Downgrade)

Core Viewpoint - Agree Realty (NYSE: ADC) has experienced a nearly 9% increase year-to-date on a total return basis, contrasting with the broader downturn affecting REITs due to a significantly narrower outlook for Federal Reserve rate cuts in 2025 and rising long-term US yields [1] Group 1 - The equity market serves as a powerful mechanism where daily price fluctuations can lead to substantial wealth creation or destruction over the long term [1] - Pacifica Yield focuses on long-term wealth creation by targeting undervalued yet high-growth companies, high-dividend stocks, REITs, and green energy firms [1]