Tanger's 15-minute chart has recently exhibited a notable technical indicator, specifically a KDJ Golden Cross and a Bullish Marubozu pattern at 10/06/2025 14:45. This shift in momentum suggests a potential upward trend in the stock price, with buyers taking control of the market. Consequently, it is likely that bullish momentum will continue to prevail.
Tanger Inc (NYSE: SKT) has seen a notable shift in analyst sentiment and technical indicators, suggesting potential upward momentum in its stock price. In the last three months, four analysts have published ratings on Tanger, providing a range of perspectives from bullish to bearish. The majority of analysts have maintained a somewhat bullish stance, with one analyst raising their rating to equal-weight, indicating a more neutral outlook
Demystifying Tanger: Insights From 4 Analyst Reviews[1].
Analysts have also updated their price targets, with the average target rising to $34.75, a 4.26% increase from the previous average of $33.33. Richard Hightower of Barclays raised his price target to $35.00, while Samir Khanal of Evercore ISI Group raised it to $35.00 as well
Demystifying Tanger: Insights From 4 Analyst Reviews[1].
Adding to this optimism, Tanger's 15-minute chart has recently exhibited a KDJ Golden Cross and a Bullish Marubozu pattern on October 6, 2025, at 14:45. These technical indicators suggest a potential upward trend, with buyers taking control of the market .
However, Tanger's financial performance presents a mixed picture. While the company has seen a positive revenue growth rate of 9.1% over the past three months, its net margin remains below industry standards at 21.22%. Additionally, the company faces challenges in debt management, with a debt-to-equity ratio of 2.53, which is higher than the industry average
Demystifying Tanger: Insights From 4 Analyst Reviews[1].
In conclusion, while Tanger's recent analyst ratings and technical indicators suggest a potential upward trend in its stock price, investors should also consider the company's financial performance and debt management challenges. Staying informed about these factors will help investors make prudent decisions.
Comments
No comments yet