Jefferies Upgrades Tanger Factory Outlet Centers (SKT) to Buy
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Price: $29.55 --0%
Rating Summary:
3 Buy, 8 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 10 | Down: 9 | New: 10
Rating Summary:
3 Buy, 8 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 10 | Down: 9 | New: 10
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Jefferies upgraded Tanger Factory Outlet Centers (NYSE: SKT) from Hold to Buy and raises their price target from $27 to $32.
The firm cited, "...earnings accretion from recently announced acquisitions, and potential upside from: 1) a strong acquisition pipeline, and 2) a less risky approach to future development."
For more ratings news on Tanger Factory Outlet Centers click here and for the rating history of Tanger Factory Outlet Centers click here.
Shares of Tanger Factory Outlet Centers closed at $26.77 yesterday.
The firm cited, "...earnings accretion from recently announced acquisitions, and potential upside from: 1) a strong acquisition pipeline, and 2) a less risky approach to future development."
For more ratings news on Tanger Factory Outlet Centers click here and for the rating history of Tanger Factory Outlet Centers click here.
Shares of Tanger Factory Outlet Centers closed at $26.77 yesterday.
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