Truist Securities Maintains Hold on Simon Property Group, Raises Price Target to $128
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Ki Bin Kim has maintained a Hold rating on Simon Property Group (NYSE:SPG) and increased the price target from $125 to $128.
December 12, 2023 | 6:26 pm
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Truist Securities reaffirmed a Hold rating on Simon Property Group, while raising the price target from $125 to $128, indicating a positive outlook on the stock's value.
The increase in price target by Truist Securities suggests a positive adjustment in the valuation of Simon Property Group, which could lead to increased investor confidence and a potential short-term uplift in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100