Why BofA Is Bullish On Simon Property Group
A strong second-quarter fueled by robust leasing activity and accelerating cash flow has turned Bank of America analysts bullish on Simon Property Group, Inc. (NYSE: SPG).
What 13 Analyst Ratings Have To Say About Simon Property Group
Simon Property Group (NYSE:SPG) has observed the following analyst ratings within the last quarter:
Last 30 Days
1 Month Ago
2 Months Ago
B of A Securities Upgrades Simon Property Group to Buy, Raises Price Target to $150
B of A Securities analyst Craig Schmidt upgrades Simon Property Group (NYSE:SPG) from Neutral to Buy and raises the price target from $141 to $150.
Simon Property Group Q2 FFO $3.24 Up From $2.12 YoY, Sales $1.25B Beat $1.14B Estimate
Simon Property Group (NYSE:SPG) reported quarterly earnings of $3.24 per share. This is a 52.83 percent increase over earnings of $2.12 per share from the same period last year. The company reported quarterly sales of
Earnings Scheduled For August 2, 2021
Companies Reporting Before The Bell
• HSBC Holdings (NYSE:HSBC) is estimated to report earnings for its second quarter.
Stifel Upgrades Simon Property Group To Buy
Stifel has announced it is upgrading Simon Property Group Inc (NYSE: SPG) from Hold to Buy and raising its target price from $125 to $132.
Understanding Simon Property Group’s Unusual Options Activity
Shares of Simon Property Group (NYSE:SPG) saw some unusual options activity on Tuesday. Following the unusual option alert, the stock price moved up to $124.72.
10 Biggest Price Target Changes For Tuesday
Citigroup boosted International Business Machines Corporation (NYSE: IBM) price target from $140 to $150. IBM shares rose 4% to $143.41 in pre-market trading.