Goldman Sachs downgrades Kimco Realty to 'neutral' with a price target of $21.00

  • Investing.com
Goldman Sachs downgrades Kimco Realty to 'neutral' with a price target of $21.00

An analyst from Goldman Sachs downgraded Kimco Realty (NYSE: KIM ) from 'buy' to 'neutral' with a price target of $21.00 from a prior price target of $23.00.

Prior to this rating, Kimco Realty had 12 buy ratings, 10 hold ratings, and 1 sell ratings.

For consensus analyst estimates and price targets on Kimco Realty, click here. For more news on Kimco Realty, click here.

Kimco Realty's stock price closed at $19.81. They are down -3.41% in the last month and down -15.31% in the last 12 months.

According to Investing Pro, Kimco Realty's fair value is $18.86, a downside of 4.78%. Kimco Realty's fair value comes with a medium degree of uncertainty, according to InvestingPro.

Check out Kimco Realty's recent earnings performance and financials here.

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