Evercore not seeing bottom in Tanger Factor, downgrades to Underperform

|About: Tanger Factory Outlet Ce... (SKT)|By:, SA News Editor

Tanger Factory (NYSE:SKT) is lower by 18% this year, 37% Y/Y, and 50% since touching an all-time high in the summer of 2016.

Evercore ISI's Samir Khanal downgrades to Underperform. Shares are lower by 0.5% premarket.

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