Wells Fargo Upgrades Kimco Realty to Equal-Weight, Announces $20 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Tammi Fique has upgraded Kimco Realty (NYSE:KIM) from Underweight to Equal-Weight and announced a $20 price target.
September 20, 2023 | 10:02 am
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Kimco Realty has been upgraded by Wells Fargo from Underweight to Equal-Weight with a new price target of $20.
The upgrade from Underweight to Equal-Weight by Wells Fargo indicates a more positive outlook for Kimco Realty. The new price target of $20 also suggests potential upside for the stock. This could lead to increased investor interest and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100