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RBC Capital has increased its price target for Camden Property Trust (CPT) to $105.00 from $104.00, while maintaining a Sector Perform rating. This adjustment follows the company's completion of share repurchases funded by the sale of a property in Southern California. Analysts noted that the target raise was driven by share buyback activity and pricing strength observed in April. However, the outlook remains tempered as occupancy gains for the first quarter of 2026 fell short of initial expectations. The move reflects a balance between strategic capital allocation and ongoing valuation concerns within the real estate sector. Investors are closely monitoring whether the recent pricing strength can offset the occupancy misses in the long term.
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