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Enter Symbol:
General Growth Properties, Inc. (GGP) [hlAlert]

Mkt Perform
down 77.52 %

General Growth Properties, Inc. (GGP) downgraded to Mkt Perform with price target $15 by Friedman Billings

Posted on: Friday,  Oct 3, 2008  1:25 PM ET by Friedman Billings

Friedman Billings rated Mkt Perform General Growth Properties, Inc. (NYSE: GGP) on 10/03/2008. Previously Friedman Billings rated Buy General Growth Properties, Inc. (NYSE:
GGP) on 11/09/2007., when the stock price was $46.80. Since then, General Growth Properties, Inc. has lost 77.52% as of 10/03/2008's recent price of $10.52.
If you would have followed the previous Friedman Billings's recommendation on GGP, you would have lost 77.52% of your investment in 329 days.

General Growth Properties is one of the oldest and most experienced shopping center owners, developers and managers in the United States. It has ownership interests in, and management responsibilities for, a portfolio of regional shopping malls in numerous states. (Company Press Release)

FBR Capital Markets is a full service investment banking, institutional sales, trading and research and asset management firm with a customer-focused and innovative approach to meeting its clients needs. It focuses its banking, advisory, trading and research efforts on seven broad industry sectors including consumer, diversified industrials, energy & natural resources, financial institutions, insurance, real estate and technology, media & telecom. With our headquarters in the Washington, D.C. metropolitan area, our Economic and Washington Policy Analysis groups offer clients a comprehensive overview of national economic trends along with a unique perspective on the impact that legislation and regulation will have on industry sectors and individual companies
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/3/2008 1:25 PM Hold
10.52 15.00
as of 12/24/2008
1 Week up  156.09 %
1 Month up  64.06 %
3 Months up  793.16 %
1 YTD down  -159.99 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/9/2007 1:25 PM Buy
46.80 68.00

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