RBC Capital raised the firm’s price target on Camden Property to $122 from $114 and keeps an Outperform rating on the shares after its Q2 earnings beat. The quarterly report demonstrates how bearish expectations around sun belt performance had gotten, and while the firm struggles to see much in the way of FFO growth for 2025, it also believes that the most bearish outcomes have been taken off the table, the analyst tells investors in a research note.
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