Truist raised the firm’s price target on Simon Property Group to $128 from $125 and keeps a Hold rating on the shares. The analyst updated real estate investment trust estimates to reflect the Q3 results, recent events, and adjusted revenue growth and expense assumptions.
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Read More on SPG:
- Simon Property Group Stock (NYSE:SPG): Strong Tenant Demand Suggests More Upside
- Simon Property price target raised to $123 from $122 at Evercore ISI
- Simon Property upgraded to Conviction Buy from Buy at Goldman Sachs
- Simon Property price target lowered to $130 from $139 at Stifel
- Simon® Reports Third Quarter 2023 Results and Increases Full Year 2023 Guidance
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