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Kite Realty price target raised to $33 from $30 at Piper Sandler

Piper Sandler raised the firm’s price target on Kite Realty to $33 from $30 and keeps an Overweight rating on the shares. The firm’s updated estimates reflect Q2 results and $350M of debt issued mid-August at 4.95% to repay the March 2025 maturity.

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