RBC Capital Maintains Outperform on Camden Prop Trust, Lowers Price Target to $109
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Brad Heffern maintains an Outperform rating on Camden Prop Trust (NYSE:CPT) but lowers the price target from $114 to $109.
October 30, 2023 | 5:21 pm
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NEUTRAL IMPACT
Camden Prop Trust's price target has been lowered from $114 to $109 by RBC Capital, though the Outperform rating is maintained.
The news directly pertains to Camden Prop Trust as RBC Capital has lowered its price target for the company. However, the Outperform rating is maintained, indicating that the analyst still expects the company to outperform its peers. This could have a neutral impact on the stock price in the short term as the lowered price target might be offset by the maintained positive rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100