Kimco Realty price target lowered to $21 from $23 at Citi

Citi analyst Nick Joseph has lowered the price target for Kimco Realty (KIM) to $21 from $23, while maintaining a Neutral rating on the shares. This adjustment reflects continued analyst scrutiny on the company’s valuation and outlook. Other firms, including BofA and Scotiabank, have also recently revised their price targets lower for Kimco Realty.