Evercore ISI raised the firm’s price target on Simon Property (SPG) to $198 from $188 and keeps an In Line rating on the shares. Q4 earnings featured “promising guidance slightly ahead of expectations,” driven by strong retailer demand, notes the analyst, who adds that the company continues to execute well in leasing despite broader economic uncertainties.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
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 raised to $230 from $225 at Piper Sandler
- Buy Rating on Simon Property Group Driven by Conservative 2026 FFO Guidance, Robust Leasing Momentum, and High-Return Redevelopment Pipeline
- Simon Property price target raised to $185 from $184 at Stifel
- Simon Property Group Reports Earnings: Did it Beat Estimate Forecasts?
- Simon Property Delivers Record 2025 Results, Hikes Dividend