Mizuho analyst Haendel St. Juste lowered the firm’s price target on Kimco Realty (KIM) to $21 from $23 and keeps a Neutral rating on the shares. The firm downgraded the shopping center real estate investment trust sector to Neutral, believing the group has reached peak fundamentals with portfolios approaching or surpassing all-time high occupancy levels.
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Read More on KIM:
- Kimco Realty price target lowered to $26 from $30 at UBS
- Kimco Realty price target raised to $23.50 from $22 at Morgan Stanley
- Kimco Realty price target lowered to $21 from $23 at Wells Fargo
- Kimco Realty price target lowered to $21 from $23 at Citi
- Kimco Realty price target lowered to $22 from $23 at BofA