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home / news releases / TPR - Tanger Factory Outlet Centers Is Not A Buy


TPR - Tanger Factory Outlet Centers Is Not A Buy

Certain bulls are still pounding the table that Tanger Factory Outlet Centers (SKT) remains a "speculative buy" for various reasons. Some investors have stated that Tanger: 1) could actually be one of the best-positioned mall REITs as the sector deals with the damage from the coronavirus pandemic, 2) operating outdoor facilities provides a relative advantage versus indoor malls with the virus top of mind, 3) that outlet centers offer lower rent relative to malls, and 4) that Tanger operates from a position of financial strength.

All of these determinations appear to be more

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Stock Information

Company Name: Tapestry Inc.
Stock Symbol: TPR
Market: NYSE
Website: tapestry.com

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