Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
In a report published Tuesday, Jefferies analyst Omotayo Okusanya reiterated a Buy rating on Tanger Factory Outlet Centers (NYSE: SKT), but lowered the price target from $43.00 to $40.00.
In the report, Jefferies noted, “The overall tone at NAREIT in Chicago was positive from most management teams. If we didn't know any better, it would seem as if the RMZ isn't down ~10% in two weeks on concern that rising interest rates could slow down transactions, increase funding costs and result in higher cap rates. Despite the sell-off, there are still a few bargain hunting opportunities given that valuations still remain somewhat rich (17.5x P/FFO) for the group.”
Tanger Factory Outlet Centers closed on Monday at $34.50.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!