Wells Fargo Maintains Underweight on Kite Realty Gr Trust, Raises Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Dori Kesten maintains an Underweight rating on Kite Realty Gr Trust (NYSE:KRG) and raises the price target from $20 to $23.
August 09, 2023 | 3:37 pm
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Wells Fargo maintains an Underweight rating on Kite Realty Gr Trust and raises the price target from $20 to $23.
The Underweight rating maintained by Wells Fargo indicates a negative outlook for Kite Realty Gr Trust. However, the increase in price target from $20 to $23 suggests that the analyst sees some potential upside. This mixed signal could lead to short-term uncertainty and potential downward pressure on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100