Compass Point Upgrades Kimco Realty to Buy, Announces $22 Price Target
Portfolio Pulse from richadhand@benzinga.com
Compass Point analyst Floris Van Dijkum has upgraded Kimco Realty (NYSE:KIM) from Neutral to Buy and set a price target of $22.
August 29, 2023 | 2:01 pm
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Kimco Realty has been upgraded from Neutral to Buy by Compass Point, with a new price target of $22.
The upgrade from Neutral to Buy indicates a positive outlook for Kimco Realty. The new price target of $22 suggests that Compass Point believes the stock has potential for significant growth. This could lead to increased investor interest and a potential rise in stock price in the short term.
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