Barclays Maintains Equal-Weight on Tanger, Lowers Price Target to $41
Barclays analyst Richard Hightower maintains Tanger (NYSE:SKT) with a Equal-Weight and lowers the price target from $42 to $41.
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Citigroup Maintains Neutral on Tanger, Raises Price Target to $41
Citigroup analyst Nick Joseph maintains Tanger (NYSE:SKT) with a Neutral and raises the price target from $39 to $41.
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JP Morgan Downgrades Tanger to Neutral, Announces $39 Price Target
JP Morgan analyst Michael Mueller downgrades Tanger (NYSE:SKT) from Overweight to Neutral and announces $39 price target.
Evercore ISI Group Maintains In-Line on Tanger, Lowers Price Target to $37
Evercore ISI Group analyst Samir Khanal maintains Tanger (NYSE:SKT) with a In-Line and lowers the price target from $39 to $37.
Why These 4 Retail REITs Merit Attention Even After Fed's Rate Hike
Despite the Federal Reserve's rate hike to 3.75%-4.00%, retail REITs with strong fundamentals remain attractive investments. Four companies—Regency Centers, Phillips Edison, Tanger, and Curbline Properties—benefit from tight retail real estate markets, strong tenant demand, and healthy occupancy rates, positioning them to grow cash flows even in a higher rate environment.