Camden Property Trust (CPT) Misses Q3 EPS by 39c; offers guidance

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Camden Property Trust (CPT) PT Lowered to $127 at RBC Capital

November 4, 2024 12:05 PM EST

RBC Capital analyst Brad Heffern lowered the price target on Camden Property Trust (NYSE: CPT) to $127.00 (from $131.00) while maintaining a Sector Perform rating.

The analyst comments "CPT maintained decent leasing spreads and occupancy during the summer, but October leases saw a more dramatic... More

CFRA Downgrades Camden Property Trust (CPT) to Hold

November 1, 2024 9:59 AM EDT

CFRA analyst Kenneth Leon downgraded Camden Property Trust (NYSE: CPT) from Buy to Hold with a price target of $123.00 (from $140.00).

The analyst comments "Competitive new supply in select markets is impacting CPT fundamentals. We lower our target by $17 to $123 using a forward P/FFO of 18.0x, below... More