Evercore ISI raised the firm’s price target on Tanger Factory to $23 from $22 and keeps an In Line rating on the shares. The firm’s FY23 core FFO estimate increases to $1.92 from $1.89 and its FY24 estimate rises to $2.00 from $1.99, due largely to the beat in the quarter, the analyst tells investors in a post-earnings note.
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