Raymond James lowered the firm’s price target on Kite Realty (KRG) to $28 from $31 and keeps a Strong Buy rating on the shares. The firm updated real estate investment trust shopping center models are updating to reflect the Q4 results and 2025 outlooks. It believes lower growth is already more than priced into Kite Realty shares.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KRG:
- Kite Realty’s UPREIT Structure: Navigating Potential Conflicts of Interest and Business Risks
- Kite Realty’s Record 2024: Navigating 2025 Challenges
- Kite Realty downgraded to Neutral from Overweight at Piper Sandler
- Kite Realty Group Trust Reports Strong Leasing and Financial Performance in 2024
- Hold Recommendation for Kite Realty Group Amid Strong 2024 Performance and Conservative 2025 Outlook