Evercore ISI analyst Steve Sakwa raised the firm’s price target on COPT Defense Properties (CDP) to $36 from $34 and keeps an Outperform rating on the shares. In a broad REIT note, the analyst rolled forward models to incorporate the firm’s 2027 AFFO estimates into its price target framework.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CDP:
- COPT Defense Properties: Strategic Positioning and Valuation Underscore Buy Rating Amid Space Command Relocation Opportunity
- COPT Defense Properties’ Optimistic Earnings Call Highlights
- COPT Defense Properties Reports Strong Q2 2025 Results
- COPT Defense Properties: Strong Performance and Strategic Alignment Drive Buy Rating
- COPT Defense Properties sees Q3 FFO 66c-68c, consensus 68c