BMO Capital Downgrades Camden Prop Trust to Market Perform, Announces $100 Price Target
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst John Kim downgraded Camden Prop Trust (NYSE:CPT) from Outperform to Market Perform and set a price target of $100.
December 15, 2023 | 12:37 pm
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Camden Prop Trust was downgraded by BMO Capital from Outperform to Market Perform with a new price target of $100.
Downgrades by analysts can lead to a negative perception among investors, potentially causing a short-term decline in the stock price. The new price target of $100 provides a benchmark that may influence investor expectations and trading behavior.
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IMPORTANCE 75
RELEVANCE 100