Barclays Maintains Overweight on Camden Prop Trust, Lowers Price Target to $137
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Anthony Powell maintains an Overweight rating on Camden Prop Trust (NYSE:CPT) and lowers the price target from $145 to $137.
May 31, 2023 | 9:38 am
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Barclays analyst Anthony Powell maintains an Overweight rating on Camden Prop Trust (NYSE:CPT) and lowers the price target from $145 to $137.
The news directly mentions Camden Prop Trust (CPT) and the lowered price target by Barclays analyst Anthony Powell. While the Overweight rating is maintained, the lowered price target may have a neutral impact on the stock price in the short term as it indicates a potential decrease in the stock's value, but the Overweight rating suggests that the stock is still expected to outperform the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100