Piper Sandler lowered the firm’s price target on Camden Property (CPT) to $108 from $111 and keeps a Neutral rating on the shares following the firm’s apartment industry note last week. Piper is also highlighting the potential for straight-line rent receivable write-offs in Q4 from REITs with Saks exposure, given the bankruptcy filing.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
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 raised to $118 from $116 at Truist
- Camden Property price target raised to $119 from $118 at Barclays
- Camden Property price target raised to $120 from $114 at Mizuho
- Camden Property price target raised to $108 from $105 at UBS
- Camden Property upgraded to Neutral from Underweight at JPMorgan