$SPG Simon Property price target lowered to $72 from $80 at Truist Truist analyst Ki Bin Kim lowered the firm's price target on Simon Property to $72 from $80 and keeps a Hold rating on the shares. The analyst's updated model incorporates increased conservatism, which he has accounted for with occupancy decreasing year-over-year in 2020 by 180bps. This assumption includes possible bankruptcies as well as the analyst's belief that the current economics of the business maybe unsustainable. He is also forecasting subdued growth tied to reduced tourism spend. https://thefly.com/permalinks/entry.php/id3169712/SPG-Simon-Property-price-target-lowered-to--from--at-Truist