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TCO - Macerich: Undervalued Compared To Peers With Significant Upside
February, 21 2021 08:02 PM
Taubman Centers Inc.
Macerich, along with many other REITs, has seen their share price hammered during Covid. Despite headwinds, Q4-20 rent collections for Macerich and peers has exceeded 90%, as traffic returns to pre-pandemic levels. I find Macerich shares very compelling as long as they remain below $20. For further details see:
Macerich: Undervalued Compared To Peers, With Significant Upside
Stock Information
Company Name:
Taubman Centers Inc.
Stock Symbol:
TCO
Market:
NYSE
Website:
taubman.com
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