Wolfe Research Downgrades Simon Property Group (SPG) to Peerperform
Wolfe Research analyst Andy Liu downgraded Simon Property Group (NYSE: SPG) from Outperform to Peerperform.
The analyst comments "We downgrade SPG to Peer Perform (from Outperform) and remove our Price Target per Wolfe policy (the company reached our PT already increased this year). While a terrific compounder with a remarkable track record, an all-time high share price is a challenging entry point."
For an analyst ratings summary and ratings history on Simon Property Group click here. For more ratings news on Simon Property Group click here.
Shares of Simon Property Group closed at $227.56 yesterday.