Morgan Stanley Maintains Equal-Weight on Camden Prop Trust, Raises Price Target to $105.5
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Adam Kramer maintains an Equal-Weight rating on Camden Prop Trust (CPT) and raises the price target from $98 to $105.5.
May 14, 2024 | 4:55 pm
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POSITIVE IMPACT
Morgan Stanley has maintained its Equal-Weight rating on Camden Prop Trust and increased the price target to $105.5, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Morgan Stanley suggests a positive outlook on Camden Prop Trust's stock value in the short term. The maintenance of an Equal-Weight rating indicates a balanced view on the stock's current valuation, suggesting that while growth is expected, it might be in line with the market or sector performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100