Scotiabank Adjusts Kimco Realty Corporation (KIM)’s Target Amid Retail REIT Repricing

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Rameen Kasana

Tue, March 31, 2026 astatine 9:28 AM CDT 2 min read

Kimco Realty Corporation (NYSE:KIM) is among the 14 Most Profitable Real Estate Stocks Right Now. On March 24, Scotiabank lifted the terms people connected Kimco Realty Corporation (NYSE:KIM) to $24 from $22 and maintained a Sector Perform rating. In a probe note, the expert states that the steadfast is adjusting its terms targets for U.S. Retail REITs, adding that absorption is intentionally gathering conservatism into its archetypal 2026 same-store NOI guidance. This volition make a favorable backdrop for beardown performance, the steadfast concluded.

Earlier connected March 17, Argus reaffirmed a Buy standing and a terms people of $27 connected Kimco Realty Corporation (NYSE:KIM). This optimism is based connected projected beardown maturation from portfolio acquisitions and the plus pipeline. According to the firm, the REIT appears focused connected last-mile retail, a conception with coagulated maturation prospects comparative to municipality and suburban stores.

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The steadfast further added that Kimco Realty Corporation (NYSE:KIM) has a steadily expanding basal of anchor stores, including Home Depot and T.J. Maxx, which positions the institution good for stableness and little risks from tenant bankruptcies.

Kimco Realty Corporation (NYSE:KIM) is simply a REIT that owns and operates high-quality buying centers and mixed-use properties. The company’s portfolio is focused connected the first-ring suburbs of starring metropolitan markets.

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