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Bank of America Securities Remains a Buy on Simon Property (SPG)

Tipranks - Tue Feb 17, 11:30AM CST

In a report released today, Samir Khanal from Bank of America Securities reiterated a Buy rating on Simon Property, with a price target of $219.00.

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According to TipRanks, Khanal is an analyst with an average return of -0.4% and a 56.12% success rate. Khanal covers the Real Estate sector, focusing on stocks such as Prologis, Americold Realty, and Cubesmart.

In addition to Bank of America Securities, Simon Property also received a Buy from Piper Sandler’s Alexander Goldfarb in a report issued on February 3. However, on February 10, UBS maintained a Hold rating on Simon Property (NYSE: SPG).

Based on Simon Property’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.79 billion and a net profit of $3.05 billion. In comparison, last year the company earned a revenue of $1.58 billion and had a net profit of $668.07 million

Based on the recent corporate insider activity of 81 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of SPG in relation to earlier this year. Most recently, in December 2025, Randall Lewis, a Director at SPG bought 545.00 shares for a total of $100,258.20.

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