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Why Tanger Factory Outlet's Stock Is Trading Lower Today

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Tanger Factory Outlet Centers, Inc. (NYSE: SKT) shares are trading lower on Monday.

Bank of America analyst Craig Schmidt downgraded the stock from Neutral to Underperform and lowered its price target from $11 to $5.50 per share.

Tanger Factory Outlet Centers is a real estate investment trust headquartered in Greensboro, North Carolina that invests in shopping centers containing outlet stores.

The company shares were trading down 12.21% at $6.11 on Monday. The stock has a 52-week high of $21.28 and a 52-week low of $5.55.

Latest Ratings for SKT

DateFirmActionFromTo
Apr 2020KeyBancMaintainsUnderweight
Mar 2020B of A SecuritiesDowngradesNeutralUnderperform
Jan 2020KeyBancMaintainsUnderweight

View More Analyst Ratings for SKT
View the Latest Analyst Ratings

 

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Latest Ratings

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