Argus Upgrades Kimco (KIM) to Buy

December 16, 2015 9:35 AM EST
Get Alerts KIM Hot Sheet
Price: $25.19 +2.03%

Rating Summary:
    13 Buy, 20 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 7 | Down: 14 | New: 26
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Argus upgraded Kimco (NYSE: KIM) from Hold to Buy with a price target of $29.00.

The firm sees redevelopment/development pipelines as growth drivers in 2016 with KIM benefiting from strategic reallocations.

For an analyst ratings summary and ratings history on Kimco click here. For more ratings news on Kimco click here.

Shares of Kimco closed at $25.86 yesterday.



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