Piper Sandler analyst Alexander Goldfarb maintained a Buy rating on Kimco Realty (KIM – Research Report) today and set a price target of $26.00. The company’s shares closed yesterday at $19.21.
Goldfarb covers the Real Estate sector, focusing on stocks such as UDR, Centerspace, and Howard Hughes Holdings. According to TipRanks, Goldfarb has an average return of 1.8% and a 53.06% success rate on recommended stocks.
In addition to Piper Sandler, Kimco Realty also received a Buy from Mizuho Securities’s Haendel St. Juste in a report issued on May 2. However, on May 3, Scotiabank maintained a Hold rating on Kimco Realty (NYSE: KIM).
The company has a one-year high of $22.56 and a one-year low of $15.88. Currently, Kimco Realty has an average volume of 4.88M.
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Kimco Realty (KIM) Company Description:
Kimco Realty Corp. is a real estate investment trust company, which engages in the ownership and operation of open-air shopping centers. It also specializes in shopping center acquisitions, development and management. The company was founded by Milton Cooper and Martin S. Kimmel in 1973 and is headquartered in New Hyde Park, NY.
Read More on KIM:
- Kimco Realty raises 2024 FFO view $1.56-$1.60 from $1.54-$1.58
- Kimco Realty reports Q1 FFO 39c, consensus 37c
- KIM Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Krispy Kreme upgraded, Altice USA downgraded: Wall Street’s top analyst calls
- Kimco Realty downgraded to Neutral from Buy at BofA
