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Argus Adjusts Price Target on Simon Property Group to $200 From $195, Maintains Buy Rating
Argus has raised its price target for Simon Property Group (SPG) to $200 from $195, while reiterating a Buy rating on the stock. This adjustment comes amidst other analyst actions on SPG, with JPMorgan setting a Neutral rating and Goldman Sachs maintaining a Buy rating with higher price targets. The article also notes recent company activities, including a new stock repurchase program and board appointment, alongside analyst forecast revisions.