KIM Stock: $22 Target (Up From $20) By Mizuho

By Amit Chowdhry ● April 19, 2021
  • The shares of Kimco Realty Corp (NYSE: KIM) have received a price target increase from $20 to $22 by Mizuho. These are the details.

The shares of Kimco Realty Corp (NYSE: KIM) have received a price target increase from $20 to $22 by Mizuho. And Mizuho analyst Haendel St. Juste is maintaining a “Buy” rating on the company shares.

St. Juste had cited Kimco Realty’s acquisition of Weingarten Realty as the reason for the “Buy” rating. However, St. Juste acknowledged that the “why” and the “why now” for the acquisition are difficult to understand. But St. Juste noted that the acquisition offers a number of strategic and geographic benefits. 

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