Stifel Maintains Buy on Simon Property Group, Lowers Price Target to $130
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Simon Yarmak has maintained a 'Buy' rating on Simon Property Group (NYSE:SPG) but lowered the price target from $139 to $130.

October 31, 2023 | 6:05 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Stifel analyst has maintained a 'Buy' rating on Simon Property Group but lowered the price target from $139 to $130.
The news is directly about Simon Property Group. The maintained 'Buy' rating indicates continued confidence in the company's performance, which could be positive for the stock. However, the lowered price target might indicate a slower growth expectation, which could have a neutral to slightly negative impact in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100