RBC Capital Downgrades Camden Prop Trust to Sector Perform, Announces $122 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital has downgraded Camden Property Trust (NYSE:CPT) from Outperform to Sector Perform, setting a price target of $122.
September 09, 2024 | 10:59 am
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RBC Capital downgraded Camden Property Trust from Outperform to Sector Perform, with a new price target of $122. This downgrade may influence investor sentiment and could lead to short-term price adjustments.
The downgrade from Outperform to Sector Perform by RBC Capital suggests a less optimistic view on Camden Property Trust's future performance. The new price target of $122 may lead investors to reassess their positions, potentially causing a short-term decline in the stock price.
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