Wells Fargo Maintains Underweight on Kite Realty Gr Trust, Lowers Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Dori Kesten has maintained an Underweight rating on Kite Realty Group Trust (NYSE:KRG) and reduced the price target from $23 to $21.
November 13, 2023 | 3:08 pm
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Wells Fargo analyst Dori Kesten has maintained an Underweight rating on Kite Realty Group Trust and lowered the price target from $23 to $21.
The reduction in price target by a major financial institution like Wells Fargo suggests a bearish outlook on Kite Realty Group Trust's stock value in the short term. This could lead to a negative investor sentiment and a potential decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100