Tanger Factory upgraded to Overweight from Neutral at JPMorgan
The Fly

Tanger Factory upgraded to Overweight from Neutral at JPMorgan

JPMorgan analyst Michael Mueller upgraded Tanger Factory to Overweight from Neutral with a price target of $29, up from $27. The firm, which is making eleven ratings changes in conjunction with its 2024 REITs and Real Estate Services Outlook, says the company continues to produce strong occupancy gains and rent spreads and that external growth has started to become part of the story again more recently.

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