B of A Securities Maintains Neutral on Tanger, Raises Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Neutral rating on Tanger (NYSE:SKT) while raising the price target from $31 to $35.
October 11, 2024 | 5:38 pm
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POSITIVE IMPACT
B of A Securities has maintained a Neutral rating on Tanger (NYSE:SKT) and increased the price target from $31 to $35, indicating a positive outlook.
The increase in price target from $31 to $35 suggests a positive outlook for Tanger, which could lead to a short-term price increase. However, the Neutral rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100