Raymond James lowered the firm’s price target on Kimco Realty (KIM) to $26 from $28 and keeps a Strong Buy rating on the shares. Kimco posted a Q1 beat and raised its 2025 funds from operations guidance, and the company continues to see healthy leasing demand, posting the highest leasing spreads in seven years, the analyst tells investors in a research note. The fundamental picture remains exceptionally strong despite the macro uncertainty, Raymond James contends.
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Read More on KIM:
- Kimco Realty price target lowered to $28 from $29 at Piper Sandler
- Kimco Realty Reports Strong Q1 2025 Results
- Kimco Realty Corp’s Resilient Growth Amid Challenges
- Balanced Outlook on Kimco Realty: Positive Developments Amid Cautious Considerations Justify Hold Rating
- Balanced Outlook: Kimco Realty’s Strong Performance Amidst Emerging Concerns
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