Wells Fargo lowered the firm’s price target on COPT Defense Properties to $32 from $33 and keeps an Overweight rating on the shares. The firm continues to favor high-quality operators with strong balance sheets and significant exposure to the East Coast and Sunbelt markets as well as those with niche strategies and solid tenant activity.
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Read More on CDP:
- COPT Defense Properties price target raised to $31 from $26 at JPMorgan
- COPT Defense Properties price target raised to $33 from $31 at Wells Fargo
- COPT Defense Properties price target raised to $31 from $27 at Truist
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