Robert W. Baird upgraded its rating of Kimco Realty (NYSE:KIM) from Underperform to Neutral and changed its price target to $18. The shares recently traded at $16.13, up $0.51, or 3.27%, on the day. The shares have traded in a 52-week range of $14.54 to $20.31 and its market capitalization is $6.56 billion. About the company:Kimco Realty Corporation is a real estate investment trust. The Company owns and operates neighborhood and community shopping centers with locations in multiple states as well as Puerto Rico, Canada, Mexico, Chile, Brazil and Peru. The Company also provides management services for shopping centers owned by affiliated entities and various real estate joint ventures.
(Note: Stock ratings are sourced from Briefing.com via the Wall St. Journal. Selected financial data are sourced from Google Finance. All data are assumed to be accurate.)
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