Truist Securities Maintains Hold on Simon Property Group, Raises Price Target to $139
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 $128 to $139.
January 16, 2024 | 7:19 pm
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Truist Securities reaffirmed a Hold rating on Simon Property Group, but raised the price target from $128 to $139, indicating a positive outlook on the stock's value.
The increase in price target by Truist Securities suggests an improved outlook on SPG's valuation, which could lead to increased investor confidence and a potential short-term rise in the stock price.
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