Citi analyst Craig Mailman lowered the firm’s price target on Kimco Realty (KIM) to $21 from $27 and keeps a Neutral rating on the shares. The new price target reflects the increased tenant credit concerns for the strip center space, the analyst tells investors in a research note.
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Read More on KIM:
- Kimco Realty price target lowered to $24 from $26 at Scotiabank
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- Kimco Realty Reports Strong 2024 Financial Results
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