BofA analyst Jeffrey Spector downgraded Kimco Realty to Neutral from Buy with a price target of $20, down from $24. The firm removed Kimco from the analyst’s Top Pick list, and while BofA walked away from its annual NYC Retail REIT Executive Summit last week with incremental new positives from several retail REITs, “we can’t say the same” for Kimco, which was disappointing, the analyst tells investors in a research note.
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- Kimco Realty downgraded to Neutral from Buy at Citi
- Kimco Realty price target lowered to $20 from $21 at Evercore ISI
- Kimco Realty price target lowered to $21 from $22 at Wells Fargo
- Kimco Realty price target lowered to $21 from $22 at Scotiabank
- Kimco Realty Corp Is Worried About This – Should You Be Worried Too?
