Figma Shares Indicated To Open $105/$110
This sale is part of routine financial management by the executive, as indicated by the transaction’s nature and the retained substantial shareholding in the company. For deeper insights into insider transactions and comprehensive analysis, InvestingPro subscribers can access detailed research reports covering Tanger and 1,400+ other US stocks. For deeper insights into insider transactions and comprehensive analysis, InvestingPro subscribers can access detailed research reports covering Tanger and 1,400+ other US stocks.
This sale is part of routine financial management by the executive, as indicated by the transaction’s nature and the retained substantial shareholding in the company. For deeper insights into insider transactions and comprehensive analysis, InvestingPro subscribers can access detailed research reports covering Tanger and 1,400+ other US stocks.
This sale is part of routine financial management by the executive, as indicated by the transaction’s nature and the retained substantial shareholding in the company.
In other recent news, Tanger Inc. has seen its outlook upgraded from stable to positive by S&P Global Ratings, reflecting the company’s robust operating performance and low leverage. The company’s debt to EBITDA ratio improved to 4.8x as of December 31, 2024, and its portfolio was 98% occupied, supported by healthy retail fundamentals. Tanger continues to expand its portfolio, having invested approximately $648.6 million since 2023 to acquire five new properties. S&P Global Ratings noted that Tanger’s operating performance is expected to remain stable over the next few years, despite potential pressures from a high-interest-rate environment.
BMO Capital Markets initiated coverage on Tanger with a "Market Perform" rating and a price target of $36.00, indicating a neutral stance on the stock. The firm appreciates Tanger’s strategy to enhance foot traffic and expand into open-air centers. Meanwhile, Deutsche Bank (ETR:DBKGn) also initiated coverage, assigning a Hold rating with a price target of $37.00, citing Tanger’s strong fundamentals but expressing concerns over its current valuation. The analyst noted that the company’s occupancy rate has returned to pre-pandemic levels, which might limit future growth potential due to the high base. Both firms recognize Tanger’s strategic positioning in the outlet mall sector, but they also highlight the importance of effective execution in leasing strategies.
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