Truist analyst Michael Lewis raised the firm’s price target on Kimco Realty (KIM) to $23 from $22 and keeps a Hold rating on the shares as part of a broader research note on REITs. The firm is adjusting its models based on Q4 results, revenue growth, and expense assumptions, the analyst tells investors in a research note.
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Read More on KIM:
- Kimco Realty price target raised to $25 from $23 at JPMorgan
- Kimco Realty price target raised to $28 from $26 at Piper Sandler
- Kimco Realty price target raised to $24 from $22 at BofA
- Kimco Realty price target raised to $25 from $24 at Baird
- Kimco Realty price target raised to $24 from $23 at Evercore ISI