Kimco: Strong Fundamentals Are Reflected In Valuation (Rating Downgrade)

Group 1 - Kimco's shares have shown moderate performance over the past year, increasing by over 8% [1] - However, shares have declined by over 15% in recent months due to elevated interest rates [1] - The company has a history of making contrarian bets based on macro views and stock-specific turnaround stories [1]