Barclays reiterates an 'Overweight' on Camden Property Trust (CPT); Still A Favorite After Meeting w/ Management

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Barclays reiterates an 'Overweight' on Camden Property Trust (NYSE: CPT) price target of $83.00.

Analyst, Ross L. Smotrich, said, "The meetings supported our constructive view on Camden stock and on the apartment sector broadly. We remain positive on multi-family despite apparent investor concerns around slowing growth and the competitive threat of improving for-sale housing; concerns we don't share. Camden remains our favorite name in the space by virtue of its Sunbelt exposure and growth prospects."

For an analyst ratings summary and ratings history on Camden Property Trust click here. For more ratings news on Camden Property Trust click here.

Shares of Camden Property Trust closed at $69.82 yesterday, with a 52 week range of $51.72-$71.99.

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