Cracking The Code: Understanding Analyst Reviews For Tanger
Portfolio Pulse from Benzinga Insights
Analysts have mixed views on Tanger (NYSE:SKT) with recent evaluations showing a shift towards a more bullish sentiment. The average 12-month price target has increased by 7.43% to $31.8. Tanger has shown strong revenue growth but faces challenges with profitability and debt management.
October 11, 2024 | 7:01 pm
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Analysts have mixed views on Tanger (NYSE:SKT) with recent evaluations showing a shift towards a more bullish sentiment. The average 12-month price target has increased by 7.43% to $31.8. Tanger has shown strong revenue growth but faces challenges with profitability and debt management.
The article highlights a shift in analyst sentiment towards a more bullish outlook for Tanger, with an increase in the average price target. This suggests potential positive short-term impact on the stock price. However, challenges in profitability and debt management may temper this optimism.
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