Barclays analyst Richard Hightower lowered the firm’s price target on Camden Property (CPT) to $127 from $130 and keeps an Overweight rating on the shares as part of a Q1 preview for the residential real estate investment trust group. The firm cut funds from operations estimates across the board on a diminished economic outlook.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CPT:
- Roku initiated, Lululemon downgraded: Wall Street’s top analyst calls
- Camden Property upgraded to Buy from Neutral at Citi
- Camden Property price target raised to $129 from $122 at Truist
- Camden Property upgraded to Buy from Hold at Jefferies
- Camden Property price target raised to $130 from $125 at Mizuho