Compass Point Upgrades Tanger to Buy, Announces $32 Price Target
Portfolio Pulse from Benzinga Newsdesk
Compass Point analyst Floris Van Dijkum upgrades Tanger (NYSE:SKT) from Neutral to Buy and sets a $32 price target.
May 02, 2024 | 11:57 am
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Tanger Factory Outlet Centers, Inc. (SKT) was upgraded by Compass Point from Neutral to Buy with a new price target of $32.
Upgrades by analysts, especially from Neutral to Buy, can lead to increased investor confidence and potential stock price appreciation. The new price target of $32 suggests a positive outlook on the stock's future performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100