JP Morgan Downgrades Kennedy-Wilson Holdings to Underweight

JP Morgan downgraded Kennedy-Wilson Holdings (KW) to "Underweight" from "Neutral" while maintaining a price target of $11.00. The company's two business segments are the Consolidated Portfolio and the Co-Investment Portfolio. Analysts' one-year price targets range from $7.70 to $11.00, with an average of $9.23, indicating a 7.11% downside from the current price. The average brokerage recommendation is 3.0, indicating a "Hold" status.