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

Rating:
Overweight
SPG
up 106.20 %

Simon Property Group, Inc. (SPG) rated Overweight with price target $110 by Lehman Brothers

Posted on: Wednesday,  Apr 30, 2008  8:25 AM ET by Lehman Brothers

Lehman Brothers rated Overweight Simon Property Group, Inc. (NYSE: SPG) on 04/30/2008. Previously Lehman Brothers rated Buy Simon Property Group, Inc. (NYSE: SPG)
on 07/31/2007., when the stock price was $90.07. Since then, Simon Property Group, Inc. has gained 106.21% as of 01/13/2016's recent price of $185.73.
If you would have followed the previous Lehman Brothers's recommendation on SPG, you would have gained 106.2% of your investment in 3088 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.

Lehman Brothers Holdings Inc. has filed for bankruptcy protection in the U.S.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/30/2008 8:25 AM Buy
None
102.29 110.00
as of 12/24/2008
1 Week up  2.65 %
1 Month up  43.89 %
3 Months up  13.20 %
1 YTD down  -43.33 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/18/2007 9:25 AM Buy
None
89.92 105.00
10/30/2007 9:25 AM Buy
None
99.85 110.00
7/31/2007 9:25 AM Buy
None
90.07 108.00

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