Piper Sandler analyst Alexander Goldfarb raised the firm’s price target on Camden Property to $126 from $124 and keeps a Neutral rating on the shares. The analyst believes Q2 apartment earnings “have shown not all supply is competitive with existing stock, whether because of submarket or price.”
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Read More on CPT:
- Camden Property sees Q3 core FFO $1.71-$1.75, consensus $1.74
- Camden Property sees FY23 core FFO $6.83-$6.93, consensus $6.86
- Camden Property reports Q2 core FFO $1.70 consensus $1.69
- Camden Property upgraded to Outperform from Market Perform at BMO Capital
- Why Camden Property Trust Stock (NYSE:CPT) May be Losing Its Edge