Wedbush Maintains Outperform on Camden Prop Trust, Raises Price Target to $118
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Richard Anderson maintains an Outperform rating on Camden Prop Trust (NYSE:CPT) and raises the price target from $110 to $118.
May 06, 2024 | 5:09 pm
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Wedbush raises Camden Prop Trust's price target from $110 to $118, maintaining an Outperform rating.
The increase in price target by a reputable analyst like Richard Anderson from Wedbush is a strong positive signal for Camden Prop Trust. It suggests confidence in the company's future performance and growth prospects, likely leading to increased investor interest and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100