Scotiabank analyst Nicholas Yulico lowered the firm’s price target on Camden Property (CPT) to $133 from $136 and keeps a Sector Perform rating on the shares. The firm is updating its price targets on U.S. Multifamily REITs stocks under its coverage, the analyst tells investors. Following Q2-earnings underperformance, valuation for stocks in this sector look “very attractive” on an absolute basis and relative basis.
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Read More on CPT:
- Camden Property price target lowered to $124 from $130 at Morgan Stanley
- Camden Property price target lowered to $128 from $137 at Barclays
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- Camden Property price target lowered to $118 from $120 at RBC Capital
- Camden Property price target lowered to $117 from $130 at Piper Sandler