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Simon Property Group Inc Enters Oversold Territory

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Simon Property Group Inc ’s (SPG - Free Report) share price has entered into oversold territory with an RSI value of 29.52. The Zacks Consensus Estimate on Simon Property Group Inc.’s earnings for the full year period have moved higher by 7 cents over the past two months to $8.73 per share. Currently, Simon Property Group a Zacks #2 Rank (“Buy”), suggesting that now might be a good time to get in on (SPG - Free Report) after its recent drop.

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