Barclays analyst Richard Hightower downgraded Camden Property (CPT) to Equal Weight from Overweight with a price target of $118, down from $127. The company’s prospective total return profile now sits “closer to the middle of the pack” when measured against the rest of apartment real estate investment trust sector, the analyst tells investors in a research note.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CPT:
- Camden Property price target lowered to $114 from $115 at Mizuho
- Camden Property price target lowered to $123 from $124 at Morgan Stanley
- Camden Property price target lowered to $137 from $142 at BofA
- Camden Property price target lowered to $105 from $114 at UBS
- Camden Property price target lowered to $111 from $117 at Piper Sandler