Truist Securities Maintains Hold on Kimco Realty, Raises Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on Kimco Realty while raising the price target from $22 to $24.
August 28, 2024 | 5:37 pm
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Truist Securities has maintained a Hold rating on Kimco Realty and increased the price target from $22 to $24, indicating a positive outlook.
The increase in the price target from $22 to $24 by Truist Securities suggests a positive outlook for Kimco Realty, which could lead to a short-term price increase. However, the Hold rating indicates that the stock may not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100