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Fly News Breaks for December 13, 2016
CPT
Dec 13, 2016 | 09:01 EDT
As noted earlier, BMO Capital upgraded Camden Property to Market Perform from Underperform. As reasons for the upgrade, analyst John Kim cited valuation, his belief that the company will see increased demand next year, the sector's "attractive ROIC", and the company's "best-in-class balance sheet." The analyst adds that Camden has "held up relatively well" in Houston ,and he expects it to perform better than its peers there. Target to $83 from $80.
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