Mizuho Upgrades Kimco Realty to Buy, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Haendel St. Juste has upgraded Kimco Realty (NYSE:KIM) from Neutral to Buy, but lowered the price target from $21 to $20.
September 18, 2023 | 10:06 am
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Kimco Realty's stock has been upgraded to Buy by Mizuho, but the price target has been lowered from $21 to $20.
The upgrade to Buy indicates a positive outlook for Kimco Realty's stock. However, the lowering of the price target may temper the positive impact slightly. Overall, the news is likely to have a positive impact on the stock's price in the short term.
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IMPORTANCE 80
RELEVANCE 100