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Simon Property price target raised to $184 from $178 at BofA
The Fly

Simon Property price target raised to $184 from $178 at BofA

BofA raised the firm’s price target on Simon Property (SPG) to $184 from $178 and keeps a Buy rating on the shares. Real Estate FFO per share beat Street and BofA views, adjusting for non-cash derivate losses and OPI income, the analyst tells investors. Commentary on the call was encouraging as Simon leans into platform strategies, the analyst added.

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