JP Morgan Maintains Neutral on Camden Prop Trust, Raises Price Target to $129
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Anthony Paolone maintains a Neutral rating on Camden Prop Trust (NYSE:CPT) but raises the price target from $112 to $129.
September 16, 2024 | 2:40 pm
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JP Morgan has maintained a Neutral rating on Camden Prop Trust but increased the price target from $112 to $129, indicating a positive outlook despite the neutral stance.
The increase in the price target from $112 to $129 suggests that JP Morgan sees potential upside in Camden Prop Trust's stock, which could lead to a positive short-term impact on the stock price. However, the Neutral rating indicates that the analyst does not see a strong enough catalyst to warrant a Buy rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100