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Stifel Nicolaus Remains a Buy on Kimco Realty (KIM)

Tipranks - Tipranks - Mon Feb 16, 9:06PM CST

In a report released on February 13, Simon Yarmak from Stifel Nicolaus maintained a Buy rating on Kimco Realty, with a price target of $25.75. The company’s shares closed last Friday at $22.71.

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Yarmak covers the Real Estate sector, focusing on stocks such as Federal Realty, Agree Realty, and Camden Property. According to TipRanks, Yarmak has an average return of 11.2% and a 63.43% success rate on recommended stocks.

In addition to Stifel Nicolaus, Kimco Realty also received a Buy from Robert W. Baird’s Wes Golladay in a report issued on February 13. However, on the same day, Truist Financial maintained a Hold rating on Kimco Realty (NYSE: KIM).

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Based on Kimco Realty’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $542.46 million and a net profit of $151.16 million. In comparison, last year the company earned a revenue of $525.4 million and had a net profit of $166.04 million

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