Truist raised the firm’s price target on COPT Defense Properties (CDP) to $30 from $29 and keeps a Hold rating on the shares. The firm is modeling 91.9% consolidated occupancy at year-end 2025, versus 92.3% at Q1, and a low-single-digit positive GAAP rent spread. The analyst raised COPT’s 2025 funds from operations estimate by 1c to match the midpoint of management’s guidance.
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Read More on CDP:
- COPT Defense Properties Holds Successful Shareholder Meeting
- COPT Defense Properties: Stability and Growth in Latest Earnings Call
- COPT Defense Properties Reports Strong Q1 2025 Results
- COPT Defense Properties narrows FY25 FFO view to $2.63-$2.69, consensus $2.66
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