Wells Fargo Upgrades Camden Prop Trust to Equal-Weight, Raises Price Target to $127
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo has upgraded Camden Property Trust (NYSE:CPT) from Underweight to Equal-Weight and increased its price target from $104 to $127.
August 26, 2024 | 12:26 pm
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Wells Fargo has upgraded Camden Property Trust from Underweight to Equal-Weight, raising the price target from $104 to $127. This suggests a more positive outlook on the stock.
The upgrade from Underweight to Equal-Weight by Wells Fargo indicates a shift to a more neutral stance, suggesting improved expectations for Camden Property Trust. The raised price target to $127 reflects this positive sentiment, likely leading to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100