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Simon Property Group, Inc. (SPG) [hlAlert]

Rating:
Buy SPG
up 85.56 %

Simon Property Group, Inc. (SPG) rated Buy with price target $190 by Argus

Posted on: Tuesday,  Jun 18, 2013  2:25 PM ET by Argus

Argus rated Buy Simon Property Group, Inc. (NYSE: SPG) on 06/18/2013. Previously Argus rated Buy Simon Property Group, Inc. (NYSE: SPG) on
11/11/2010., when the stock price was $100.09. Since then, Simon Property Group, Inc. has gained 85.56% as of 01/13/2016's recent price of $185.73.
If you would have followed the previous Argus's recommendation on SPG, you would have gained 85.56% of your investment in 1889 days.

Simon Property Group, Inc. (Simon) is a United States-based real estate company. Simon operates from five retail real estate platforms: regional malls, Premium Outlet Centers, The Mills, community/lifestyle centers and international properties. As of November 10, 2009, owns or has an interest in 387 properties comprising 262 million square feet of gross leasable area in North America, Europe and Asia.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/18/2013 2:25 PM Buy
None
168.27 190.00
as of 12/13/2013
1 Week down  -0.73 %
1 Month up  1.30 %
3 Months up  2.09 %
1 YTD down  -4.08 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/11/2010 4:25 PM Buy
None
100.09 112.00
8/19/2009 8:25 AM Hold
None
57.59

(*) Stock Price at the time of the recommendation.
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