Truist analyst Ki Bin Kim raised the firm’s price target on Kimco Realty (KIM) to $25 from $24 and keeps a Hold rating on the shares as part of a broader research note on REITs. The firm is updating its model to reflect Q3 results, recent events, and adjusted revenue growth and expense assumptions, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KIM:
- Kimco Realty price target raised to $26 from $24 at Mizuho
- Kimco Realty price target raised to $26 from $23 at Scotiabank
- Kimco Realty price target raised to $26 from $24 at Goldman Sachs
- Kimco Realty price target raised to $27.50 from $26 at Stifel
- Kimco Realty price target raised to $26 from $23 at Baird
