Analysts Adjust Price Targets for Residential REITs ESS and CPT

Key Facts

1Truist Securities lowered its price target for Camden Property Trust to $108 while maintaining a Buy rating.

2Essex Property Trust stock is trading at $271.65, below Scotiabank's target of $293.00 despite an outperform rating.

Truist Securities lowered its price target for Camden Property Trust to $108 while maintaining a Buy rating, according to Investing.com. Similarly, Scotiabank reduced its price target for Essex Property Trust to $293 from $307 while keeping a Sector Outperform rating, as reported by AD HOC NEWS.

ESS closed at $271.65 on September 24, 2026, remaining 7.29% below the revised Scotiabank target despite the company raising its full-year 2026 core FFO guidance to $16.03-$16.25 per share. CPT closed at $97.41 on September 24, 2026, with recent adjustments reflecting revised 2027 earnings estimates.