Citi analyst Craig Mailman lowered the firm’s price target on Kimco Realty (KIM) to $21 from $27 and keeps a Neutral rating on the shares. The new price target reflects the increased tenant credit concerns for the strip center space, the analyst tells investors in a research note.
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 lowered to $24 from $26 at Scotiabank
- Kimco Realty price target lowered to $22 from $26 at Mizuho
- Kimco Realty Corp’s Sustainability Challenges: Navigating Risks, Costs, and Investor Expectations
- Kimco Realty Reports Strong 2024 Financial Results
- Kimco Realty Corp: Strategic Gains and Cautious Outlook