Evercore ISI Keeps Their Hold Rating on Tanger (SKT)
Evercore ISI's Steve Sakwa maintains a Hold rating on Tanger (SKT) with a $36.00 price target. Tanger's shares closed at $33.82, with an analyst consensus of Moderate Buy and a price target consensus of $36.67, suggesting an 8.43% upside. Sakwa, a 2-star analyst, covers the Real Estate sector. Bank of America Securities also holds a similar rating and price target.
In a report released on November 13, Steve Sakwa from Evercore ISI maintained a Hold rating on Tanger, with a price target of $36.00. The company’s shares closed last Friday at $33.82.
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According to TipRanks, Sakwa is a 2-star analyst with an average return of 0.0% and a 48.97% success rate. Sakwa covers the Real Estate sector, focusing on stocks such as AvalonBay, Equity Residential, and Macerich.
Tanger has an analyst consensus of Moderate Buy, with a price target consensus of $36.67, implying an 8.43% upside from current levels. In a report released on November 5, Bank of America Securities also maintained a Hold rating on the stock with a $36.00 price target.
