Citi Updates Model on Kite Realty Group (KRG)

Citi analyst Michael Bilerman reiterated a Buy rating and $24.00 price target on Kite Realty Group (NYSE: KRG).

The analyst comments "We are updating our forecasts to reflect 4Q results, as well as revised assumptions around acquisition/disposition, financing, and internal growth. Our 2024 FFO estimate is unchanged; our 2025 estimate increases from $2.08 to $2.11 largely reflecting higher core NOI versus prior estimates."

For an analyst ratings summary and ratings history on Kite Realty Group click here. For more ratings news on Kite Realty Group click here.

Shares of Kite Realty Group closed at $20.82 yesterday.

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