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COPT Defense Properties price target raised to $36 from $34 at Evercore ISI

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.

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