Cantor Fitzgerald raised the firm’s price target on Camden Property (CPT) to $108 from $105 and keeps a Neutral rating on the shares. The five covered Multifamily REITs reported Q4 results below consensus, though the key metric to watch is new lease rate growth ahead of the spring/summer leasing season, the analyst tells investors in a research note.
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Read More on CPT:
- Camden Property price target lowered to $118.50 from $120.50 at Stifel
- Camden Property sees FY26 core FFO $6.60-$6.90, consensus $6.92
- Camden Property says has $600M remaining under stock repurchase program
- Camden Property reports Q4 core FFO $1.76, consensus $1.73
- Camden Property sees Q1 core FFO $1.64-$1.68, consensus $1.71