Simon Property Group Q3: Strong Results, Positive Outlook

Simon Property Groups Q3 results surpassed expectations, with FFO per share at $3.22 and revenue at $1.6 billion. Despite a slight stock dip, it gained 2.5% over the past three months, outperforming the real estate sector. With a market value of $60 billion and a diverse portfolio, the companys stock trends positively, and analysts predict a Moderate Buy with a price target of $193.50.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.