COPT Defense Properties price target raised to $33 from $28 at Evercore ISI

Evercore ISI raised the firm’s price target on COPT Defense Properties to $33 from $28 and keeps an Outperform rating on the shares. Continued strong performance, a strong balance sheet and low leverage should allow COPT to continue growing NOI and occupancy over the next few years, the analyst tells investors in a post-Q2 note.