Scotiabank Upgrades Tanger to Sector Perform, Raises Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Greg McGinniss has upgraded Tanger (NYSE:SKT) from Sector Underperform to Sector Perform and raised the price target from $20 to $28.

May 17, 2024 | 1:04 pm
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Scotiabank has upgraded Tanger from Sector Underperform to Sector Perform and increased the price target from $20 to $28.
The upgrade from Sector Underperform to Sector Perform and the significant increase in the price target from $20 to $28 by Scotiabank is likely to positively impact Tanger's stock price in the short term. Such upgrades typically boost investor confidence and can lead to increased buying activity.
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