Simon Property Group (SPG) Tops Q4 EPS by 10c, Revenues Beat; Offers FY20 EPS Guidance Above Consensus

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Simon Property Group (SPG) PT Lowered to $150 at Piper Sandler; Sees No Deal Pressure

February 4, 2020 12:58 PM EST

Piper Sandler analyst Alexander Goldfarb lowered the price target on Simon Property Group (NYSE: SPG) to $150.00 (from $170.00) while maintaining a Overweight rating following results.

The analyst also weighed in reports it is in merger talks with Taubman Centers, Inc.... More