Truist analyst Michael Lewis raised the firm’s price target on Camden Property (CPT) to $118 from $116 and keeps a Buy rating on the shares. The firm adjusted ratings and targets in the real estate investment trust group as part of its 2026 outlook. Truist remains Neutral on REITs for 2026, saying fundamentals are improving as new supply slows and demand appears steady for high-quality assets. However, the stocks do not appear particularly cheap, the analyst tells investors in a research note. Truist is relatively bullish on healthcare, industrial, strip retail, gaming and lodging REITs, neutral on manufactured housing, multifamily, self-storage and triple net, and relatively cautious on mall and office.
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Read More on CPT:
- Camden Property price target raised to $119 from $118 at Barclays
- Camden Property price target raised to $120 from $114 at Mizuho
- Camden Property price target raised to $108 from $105 at UBS
- Camden Property upgraded to Neutral from Underweight at JPMorgan
- Camden Property price target lowered to $116 from $123 at Truist