Kite Realty Group Trust Reports Fourth Quarter and Full Year 2017 Operating Results and Releases 2018 Guidance

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DA Davidson Downgrades Kite Realty Group (KRG) to Neutral

February 5, 2018 6:38 AM EST

DA Davidson downgraded Kite Realty Group (NYSE: KRG) from Buy to Neutral with a price target of $16.00 (from $21.00)

Analyst James Lykins commented, "Concurrent with the release of 4Q results, management also offered 2018 FFO guidance of $1.98-$2.04, compared to FFO of $2.04 for 2017. Moreover, the... More