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

Rating:
Hold SPG
up 12.12 %

Simon Property Group, Inc. (SPG) downgraded to Hold by Benchmark

Posted on: Tuesday,  Dec 22, 2009  10:25 AM ET by Benchmark

Benchmark rated Hold Simon Property Group, Inc. (NYSE: SPG) on 12/22/2009. Previously Benchmark rated Buy Simon Property Group, Inc. (NYSE: SPG) on
09/16/2009., when the stock price was $70.84. Since then, Simon Property Group, Inc. has gained 12.13% as of 12/22/2009's recent price of $79.43.
If you would have followed the previous Benchmark's recommendation on SPG, you would have gained 12.12% of your investment in 97 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.

The Benchmark Company, LLC is a full-service Broker Dealer dedicated to meeting the needs of institutional and private clients. Operating from offices in New York, Boston, San Francisco, Philadelphia, Los Angeles and San Diego, Benchmark is committed to the highest standards of performance and service. This is a clear message to our clients that the company will continue to distinguish itself through outstanding service into the future.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/22/2009 10:25 AM Hold
None
79.43
as of 12/31/2009
1 Week   
1 Month up  9.31 %
3 Months up  14.40 %
1 YTD up  12.12 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/16/2009 9:25 AM Buy
None
70.84 77.00
6/2/2009 8:25 AM Buy
None
54.24 66.00

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