Truist analyst Ki Bin Kim raised the firm’s price target on Simon Property to $130 from $125 and keeps a Hold rating on the shares based on the company’s Q4 results, recent events, and adjusted revenue growth and expense assumptions among the REITs group.
Published first on TheFly
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Read More on SPG:
- Simon® Reports Fourth Quarter and Full Year 2022 Results
- Simon Property reports Q4 FFO $3.15, consensus $3.14
- Simon Property options imply 3.2% move in share price post-earnings
- Simon Property put volume heavy and directionally bearish
- Simon Property Group Announces Reporting Information For 2022 Distributions
