COPT Defense Properties price target raised to $33 from $30 at Wells Fargo

Wells Fargo analyst Blaine Heck raised the firm’s price target on COPT Defense Properties (CDP) to $33 from $30 and keeps an Overweight rating on the shares. The firm says that despite a few high-profile exceptions, most REITs delivered Q3 2025 earnings and outlooks reflecting healthy operating conditions despite macro and labor market concerns.