SPG Maintains by Piper Sandler -- Price Target Raised to $285
Piper Sandler has maintained its 'Overweight' rating for Simon Property Group (SPG) and raised the price target significantly from $230 to $285, indicating a bullish outlook. Despite this, GuruFocus's GF Value™ suggests SPG is currently 25.4% overvalued at $226.44 compared to its intrinsic value …