Stifel downgraded Camden Property (CPT) to Hold from Buy with a price target of $121, up from $120, as the share price has exceeded the firm’s previous $120 price target The firm added that it has adjusted its 2025 FFO estimate and 2026 FFO estimate, noting that overall apartment supply is at an all-time high and job growth has been able to absorb a great portion of the supply. Starts have finally come down and rents should improve in 2026-2027, the analyst tells investors in a research note.
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Read More on CPT:
- Camden Property downgraded to Hold from Buy at Stifel
- Camden Property price target raised to $130 from $128 at Piper Sandler
- Camden Property price target lowered to $127 from $131 at RBC Capital
- Camden Property Trust Reports Q3 Earnings and Strategic Updates
- Camden Property reports Q3 core AFFO $1.48, consensus $1.68