Tanger Reaches Analyst Target Price

In recent trading, shares of Tanger Inc (Symbol: SKT) have crossed above the average analyst 12-month target price of $38.82, changing hands for $39.47/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation,

In recent trading, shares of Tanger Inc (Symbol: SKT) have crossed above the average analyst 12-month target price of $38.82, changing hands for $39.47/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation,