UPDATE: Citigroup Upgrades Simon Property Group to Buy, Raises PT
Posted on December 17, 2012 at 08:58 AM EST
In a report published Monday, Citigroup upgraded its rating on Simon Property Group (NYSE: SPG ) from Neutral to Buy, and raised its price target from $156.00 to $173.00. Citigroup noted, “We are upgrading SPG to Buy and increasing our target price from $156 to $173. SPG's U.S mall and