Bank of America Securities Remains a Hold on Tanger (SKT)
Bank of America Securities analyst Samir Khanal maintained a Hold rating on Tanger today and set a price target of $36.00.
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Khanal covers the Real Estate sector, focusing on stocks such as Prologis, Extra Space Storage, and Regency Centers. According to TipRanks, Khanal has an average return of -3.3% and a 43.59% success rate on recommended stocks.
Tanger has an analyst consensus of Moderate Buy, with a price target consensus of $36.00.
Based on Tanger’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $140.69 million and a net profit of $30.09 million. In comparison, last year the company earned a revenue of $128.96 million and had a net profit of $24.84 million
Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SKT in relation to earlier this year. Most recently, in September 2025, Leslie Swanson Gallardo, the EVP & COO of SKT sold 17,500.00 shares for a total of $607,950.00.
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