BMO Capital analyst Juan Sanabria lowered the firm’s price target on Simon Property (SPG) to $180 from $200 and keeps a Market Perform rating on the shares. The firm made changes to its models for a number of REITs due to interest rate changes, recent results, and/or discussions with company management.
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:
- Simon Property price target lowered to $200 from $205 at Piper Sandler
- Simon Property Group’s Earnings Call: Growth Amid Challenges
- Simon Property Approves Redomestication to Indiana
- Simon Property price target raised to $180 from $168.50 at Stifel
- Stable Outlook for Simon Property Group Amid Modest FFO Shortfall Warrants Hold Rating
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue