Wells Fargo analyst Dori Kesten lowered the firm’s price target on Kimco Realty (KIM) to $23 from $24 and keeps an Equal Weight rating on the shares. The firm believes leasing demand remains strong. However, Wells expects Q1 calls to have a modestly more measured tone.
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Read More on KIM:
- Kimco Realty price target lowered to $21 from $27 at Citi
- 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
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