Tanger Factory Outlet Centers Stock Falls After Goldman Downgrade Last week,shares of Tanger Factory Outlet Centers jumped as they got caught in a trading frenzy orchestrated by retail traders,but now the party appears to be over. Goldman Sachs analyst Caitlin Burrows cut her rating on Tanger (ticker: SKT) to Sell from Neutral after the stock’s recent spike.Burrows cited the recent outperformance,plus her view that Tanger’s fundamentals are weaker than before the Covid-19 pandemic erupted. Occupancy and leasing will remain challenged,which will limit Tanger’s earnings recovery,she wrote in a note on Tuesday. Tanger stock fell 5.6% in recent Tuesday trading.The stock has climbed about 48% over the past year,compared with the S&P 500 one-year gain of about 35%.