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Simon Property Group, Inc. (NYSE:SPG) Receives Consensus Recommendation of "Hold" from Analysts
Analysts have given Simon Property Group (NYSE:SPG) a consensus “Hold” recommendation, with ten analysts rating the stock as “hold” and five as “buy.” The average one-year price target is $199.57. The REIT recently reported strong Q4 earnings, surpassing estimates, and declared a quarterly dividend of $2.20 per share, alongside authorizing a $2.00 billion stock buyback program.