Demystifying Kimco Realty: Insights From 7 Analyst Reviews
Portfolio Pulse from Benzinga Insights
Kimco Realty (NYSE:KIM) has received mixed evaluations from 7 analysts over the past three months, with a notable decrease in average price targets. Analysts have lowered their ratings and price targets, reflecting a cautious outlook. Despite strong revenue growth, Kimco Realty faces challenges with profitability and returns.
May 20, 2024 | 5:00 pm
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Kimco Realty has received mixed analyst ratings over the past three months, with a decrease in average price targets from $23.29 to $20.86. Analysts have lowered their ratings and price targets, reflecting a cautious outlook. Despite strong revenue growth of 13.74%, the company faces challenges with profitability and returns.
The mixed analyst ratings and lowered price targets indicate a cautious outlook for Kimco Realty. Despite strong revenue growth, the company's challenges with profitability and returns are likely to weigh on investor sentiment in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100