The Macerich Company (MAC) PT Raised to $66 at Citi
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Evercore ISI Downgrades The Macerich Company (MAC) to Underperform
December 11, 2017 8:33 AM ESTEvercore ISI downgraded The Macerich Company (NYSE: MAC) from In Line to Underperform with a price target of $62.00.
For an analyst ratings summary and ratings history on The Macerich Company click here. For more ratings news on The Macerich Company click here.
Shares of The Macerich Company closed at $65.75 Friday.
... MoreExclusive: U.S. mall owner GGP rejects Brookfield Property's $14.8 billion offer - sources
December 10, 2017 5:22 PM ESTBy Carl O'Donnell and Greg Roumeliotis
NEW YORK (Reuters) - GGP Inc (NYSE: GGP), one of the largest owners and operators of U.S. shopping centers, has rejected a $14.8 billion buyout offer from its biggest shareholder, Brookfield Property Partners LP (NASDAQ: BPY), people familiar with the matter said on Sunday.
Brookfield Property made a $23-per-share cash and stock offer last month for the 66 percent of GGP it does not already own. A combination of Chicago-based GGP and Brookfield Property would create one of the world's largest publicly traded... More
