Kimco Realty® Acquires Waterford Lakes Town Center

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Citi Reiterates Neutral Rating on Kimco (KIM)

October 2, 2024 5:31 AM EDT

Citi analyst Michael Bilerman reiterated a Neutral rating and $24.00 price target on Kimco (NYSE: KIM).

The analyst comments "On 10/1 after the close, KIM announced the acquisition of Waterford Lakes Town Center (976ksf) in Orlando, FL for $322M (low 7% cash cap rate), which includes... More