Scotiabank raised the firm’s price target on Camden Property (CPT) to $144 from $135 and keeps a Sector Perform rating on the shares. The firm is adjusting its estimates on U.S. Real Estate & REITs in its coverage following Q1 results, the analyst tells investors. Quarterly results contained some negative surprises, but generally played out as expected, with most companies maintaining FY25 guidance, the firm notes. Real estate fundamentals tend to lag, so many are looking to see the potential impact of the slowing economy on H2 2025 results, the firm adds.
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Read More on CPT:
- Camden Property Shareholders Approve Key Proposals
- Camden Property price target raised to $136 from $127 at Barclays
- Camden Property Trust: Strategic Acquisitions and Strong Financial Performance Drive Buy Rating
- Camden Property price target lowered to $142 from $148 at BofA
- Camden Property Trust Reports Strong Q1 2025 Results
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