Camden Property Trust Reaches Analyst Target Price
June 14, 2017 at 09:40 AM EDT
In recent trading, shares of Camden Property Trust (CPT) have crossed above the average analyst 12-month target price of $87.00, changing hands for $87.35/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..