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.
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Read More on CPT:
- Camden Property price target raised to $118 from $116 at Truist
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