Stock Groups

Argus upgrades Simon Property Group to buy as recovery plan takes shape


Shoppers ascend and descend escalators at the King of Prussia Mall, owned by Simon Property Group, United State’s largest retail shopping space, in King of Prussia, Pennsylvania.

Reuters Mall operator will emerge on solid feet from the coronavirus epidemic and have plenty of stock, says Argus Research.| Reuters

Mall operator Simon Property Group is set to emerge from the coronavirus pandemic on solid footing and its stock has room to run, according to investment firm Argus Research.