RBC Capital lowered the firm’s price target on Camden Property (CPT) to $118 from $120 and keeps a Sector Perform rating on the shares after its Q2 FFO miss. The REIT appeared to navigate the various multi-family landmines the best among peers this quarter, with the weaker-than-expected sunbelt picture offset by higher occupancy and better bad debt, the analyst tells investors in a research note.
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Read More on CPT:
- Camden Property price target lowered to $117 from $130 at Piper Sandler
- Camden Property Trust Reports Strong Q2 2025 Results
- Mixed Outlook for Camden Property: Hold Rating Amid Positive Guidance and Market Challenges
- Camden Property reports Q2 core AFFO $1.43, consensus $1.69
- Camden Property sees Q3 core FFO $1.67-$1.71