Scotiabank lowered the firm’s price target on Simon Property (SPG) to $159 from $186 and keeps a Sector Perform rating on the shares. The firm is updating its price targets on U.S. Retail REITs, taking into consideration the impact of tariffs, analyzing foot traffic, and reviewing tenant bankruptcy risk, the analyst tells investors.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SPG:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue