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Camden Property price target lowered to $108 from $109 at RBC Capital

RBC Capital lowered the firm’s price target on Camden Property (CPT) to $108 from $109 and keeps a Sector Perform rating on the shares after its Q4 results. The management put a more optimistic spin on the outlook for this year, with positive new lease spreads described as probable at some point, the analyst tells investors in a research note.

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