- The shares of Kimco Realty (KIM) recently received a $26 price target from Barclays. These are the details.
The shares of Kimco Realty (KIM) recently received a $26 price target from Barclays. And Barclays analyst Anthony Powell is maintaining an “Overweight” rating on the shares.
Powell adjusted the rating while expecting the shopping center real estate investment trusts to report solid second-quarter results and indicate that tenants are continuing to prioritize securing space even as the macro backdrop has become choppier. But investors are going to focus on the sustainability of strong tenant demand if the consumer and retail sales soften further in the second half of 2022.