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Analysts Have Conflicting Sentiments on These Real Estate Companies: Annaly Capital (NLY) and Simon Property (SPG)

Tipranks - Tue Feb 3, 7:14PM CST

Companies in the Real Estate sector have received a lot of coverage today as analysts weigh in on Annaly Capital (NLYResearch Report) and Simon Property (SPGResearch Report).

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Annaly Capital (NLY)

BTIG analyst Eric Hagen maintained a Buy rating on Annaly Capital yesterday and set a price target of $25.00. The company’s shares closed last Monday at $22.54.

According to TipRanks.com, Hagen is a 4-star analyst with an average return of 6.9% and a 59.2% success rate. Hagen covers the NA sector, focusing on stocks such as Ellington Financial, AGNC Investment, and Rithm Capital. ;'>

Annaly Capital has an analyst consensus of Strong Buy, with a price target consensus of $24.50, which is a 6.8% upside from current levels. In a report issued on January 29, TipRanks – Google also upgraded the stock to Buy with a $29.00 price target.

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Simon Property (SPG)

BMO Capital analyst Juan C. Sanabria maintained a Hold rating on Simon Property yesterday and set a price target of $200.00. The company’s shares closed last Monday at $191.22.

According to TipRanks.com, Sanabria is a 2-star analyst with an average return of 0.9% and a 47.0% success rate. Sanabria covers the NA sector, focusing on stocks such as SmartStop Self Storage REIT, Inc., American Healthcare REIT, Inc., and National Health Investors. ;'>

Currently, the analyst consensus on Simon Property is a Moderate Buy with an average price target of $195.88, which is a 2.1% upside from current levels. In a report released yesterday, TipRanks – xAI also reiterated a Hold rating on the stock with a $209.00 price target.

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