Truist Securities Maintains Buy on Camden Prop Trust, Lowers Price Target to $121
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Lewis has maintained a Buy rating on Camden Property Trust (NYSE:CPT) but has lowered the price target from $122 to $121.
January 16, 2024 | 6:48 pm
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Truist Securities reaffirms a Buy rating on Camden Property Trust but reduces the price target by $1 to $121.
The reduction in price target is minimal, suggesting only a slight adjustment in valuation rather than a significant change in the company's outlook. The reaffirmation of the Buy rating indicates a continued positive view on the stock, which could balance out the minor negative impact of the target price reduction.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100