Goldman Sachs Maintains Neutral on Kimco Realty, Raises Price Target to $22.5
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Caitlin Burrows maintains a Neutral rating on Kimco Realty (NYSE:KIM) but raises the price target from $20 to $22.5.
September 12, 2024 | 3:33 pm
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Goldman Sachs has maintained a Neutral rating on Kimco Realty but increased the price target from $20 to $22.5, indicating a positive outlook on the stock's potential.
The increase in price target from $20 to $22.5 by Goldman Sachs suggests a positive outlook for Kimco Realty, which could lead to a short-term increase in stock price. However, the Neutral rating indicates that the stock may not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100