Truist analyst Michael Lewis raised the firm’s price target on Camden Property (CPT) to $129 from $122 and keeps a Buy rating on the shares as part of a broader research note on REITs. The firm is updating its models to reflect all information received since Q4 results in the sector, including any disclosed January/February portfolio results, along with its updated market rent growth forecasts and the latest overnight financing rate and 10-year Treasury yield curves, the analyst tells investors in a research note.
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Read More on CPT:
- Camden Property price target raised to $129 from $122 at Truist
- Camden Property upgraded to Buy from Hold at Jefferies
- Camden Property price target raised to $130 from $125 at Mizuho
- Camden Property price target raised to $130 from $126 at Barclays
- Camden Property price target raised to $135 from $130 at Scotiabank
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