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Tanger price target raised to $36 from $35 at Evercore ISI

Evercore ISI raised the firm’s price target on Tanger (SKT) to $36 from $35 and keeps an In Line rating on the shares. Leveraging strong retailer demand and strategic acquisitions to drive earnings and occupancy improvements, the retail REIT sector is poised for continued growth, the analyst tells investors in a Q3 preview for the group.

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