- BMO Capital upgrades to Buy with $175 price target.
- The stock's off about 17% since late May with current annualized yield of 3.11%.
- Peers Taubman (TCO +0.5%), General Growth Properties (GGP +0.8%), Macerich (MAC +0.1%), and CBL (CBL -1.1%) have had similarly tough runs.
- ETFs of interest: FRI, WREI, FTY, ICF, IYR, REM, REZ, RTL, PSR, KBWY, SCHH, RWR, VNQ, DRN, URE, DRV, SRS, REK, ROOF.
Simon Property finds a fan after tough summer
Aug 23 2013, 11:09 ET