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.

Mark Makela | 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.

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