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Why Tanger Factory Outlet's Stock Is Trading Lower Today


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

Mar 2021Goldman SachsDowngradesNeutralSell
Sep 2020KeyBancUpgradesUnderweightSector Weight
Jul 2020Goldman SachsReinstatesNeutral

View More Analyst Ratings for SKT
View the Latest Analyst Ratings


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Latest Ratings

GIKColliers SecuritiesInitiates Coverage On14.0
SANWLake StreetInitiates Coverage On6.0
LILAMorgan StanleyDowngrades15.0
BEJP MorganUpgrades36.0
NEXACredit SuisseUpgrades11.0
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