Mizuho Securities Upgrades General Growth Properties (GGP) to Buy

March 19, 2018 4:25 AM EDT
Get Alerts GGP Hot Sheet
Price: $22.06 --0%

Rating Summary:
    10 Buy, 11 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 15 | Down: 13 | New: 24
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Mizuho Securities upgraded General Growth Properties (NYSE: GGP) from Neutral to Buy with a price target of $24.00 (from $22.00).

Analyst Haeden St. Juste raises the recommendation citing an incentive for Brookfield Property Partners L.P. (NASDAQ: BPY) to raises its offering price for GGP "dramatically" and notes that the company could be worth upwards of $26.00 per share.

For an analyst ratings summary and ratings history on General Growth Properties click here. For more ratings news on General Growth Properties click here.

Shares of General Growth Properties closed at $21.72 Friday.

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