Wells Fargo Upgrades Kite Realty Gr Trust to Equal-Weight, Raises Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Dori Kesten has upgraded Kite Realty Group Trust (NYSE:KRG) from Underweight to Equal-Weight and increased the price target from $23 to $26.
August 28, 2024 | 1:59 pm
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Wells Fargo has upgraded Kite Realty Group Trust from Underweight to Equal-Weight, with a new price target of $26, indicating a more positive outlook.
The upgrade from Underweight to Equal-Weight by Wells Fargo suggests improved confidence in Kite Realty's performance. The raised price target to $26 indicates potential for stock price appreciation, likely leading to positive short-term market reaction.
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IMPORTANCE 80
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