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Bank of America Securities Keeps Their Hold Rating on Kimco Realty (KIM)
Bank of America Securities analyst reiterated a Hold rating on Kimco Realty on June 19 and set a price target of $26.00.
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In addition to Bank of America Securities, Kimco Realty also received a Hold from Morgan Stanley’s Ronald Kamdem in a report issued on June 16. However, today, Wolfe Research upgraded Kimco Realty (NYSE: KIM) to a Buy.
Based on Kimco Realty’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $558.02 million and a net profit of $164.9 million. In comparison, last year the company earned a revenue of $536.62 million and had a net profit of $132.82 million
Read More on KIM:
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- Wolfe upgrades Kimco to Outperform on easing refi pressure
- Kimco Realty upgraded to Outperform from Peer Perform at Wolfe Research
- Kimco Realty Issues Private Exchangeable Notes to Institutions
- Kimco Realty price target raised to $28 from $25.75 at Stifel
- Kimco Realty Prices $500 Million Exchangeable Senior Notes
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