Baird raised the firm’s price target on Kite Realty (KRG) to $29 from $26 and keeps a Neutral rating on the shares. The firm said the best use of capital has been leasing as the company looked to backfill vacated space, and Baird still expects that to be the case for another few quarters.
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Read More on KRG:
- Kite Realty price target raised to $31 from $28 at KeyBanc
- Kite Realty Group Trust Reports Strong Q3 2024 Results
- Kite Realty Group Highlights Financial Strength and Growth
- Kite Realty sees FY24 FFO $2.06-$2.08, consensus $2.06
- Kite Realty reports Q3 FFO 51c , consensus 51c
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