Piper Sandler Downgrades Camden Prop Trust to Underweight, Lowers Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Alexander Goldfarb has downgraded Camden Prop Trust (NYSE:CPT) from Neutral to Underweight and lowered the price target from $126 to $80.
October 31, 2023 | 10:22 am
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NEGATIVE IMPACT
Camden Prop Trust has been downgraded by Piper Sandler from Neutral to Underweight, with a reduced price target of $80.
The downgrade from Neutral to Underweight by Piper Sandler, along with a significant reduction in the price target, indicates a negative outlook for Camden Prop Trust. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100