Stifel Maintains Buy on Camden Prop Trust, Lowers Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Simon Yarmak has maintained a Buy rating on Camden Property Trust (NYSE:CPT) but has reduced the price target from $111.5 to $110.

November 17, 2023 | 6:52 pm
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NEUTRAL IMPACT
Stifel maintains a Buy rating on Camden Property Trust but lowers the price target to $110.
While the reduction in price target could suggest a slightly less optimistic outlook, the maintenance of a Buy rating indicates that Stifel still has a positive view on the stock. The impact on the stock price is likely to be neutral in the short term as the decrease in target is minimal and does not change the overall recommendation.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100