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Fly News Breaks for June 16, 2017
SKT
Jun 16, 2017 | 06:53 EDT
Jefferies analyst Omotayo Okusanya downgraded Tanger Factory Outlet Centers to Hold and lowered his price target for the shares to $29 from $38. Recent store closing announcements from major retail tenants suggest consensus estimates for 2017 and 2018 are too high, the analyst contends.
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