Baird Maintains Outperform on Kimco Realty, Lowers Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Wesley Golladay maintains an Outperform rating on Kimco Realty (NYSE:KIM) but lowers the price target from $23 to $21.

April 04, 2024 | 11:53 am
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Baird maintains an Outperform rating on Kimco Realty but lowers the price target from $23 to $21.
While the reduction in price target could suggest a tempered outlook on Kimco Realty's stock performance, the maintenance of an Outperform rating indicates continued confidence in the company's fundamentals. This mixed signal might lead to a neutral short-term impact on the stock price as investors weigh the lowered price target against the positive rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100