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.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
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 $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