Camden Property raised to Buy at Stifel as Sunbelt demand recovers

[Brick and Plaster Condos with Balconies]
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Stifel analyst Simon Yarmak upgraded Camden Property Trust (NYSE:CPT [https://seekingalpha.com/symbol/CPT]) shares to Buy from Hold in a recent note on the basis that demand in the Sunbelt market is recovering.

“Although apartment supply was at an all-time high last year, job growth has been able to absorb a great portion of the supply," Yarmak wrote in a note to clients.

He also pointed to a sequential rebound in the REIT's blended lease rates, rising to +0.7% in Q2 from -0.1% in the prior quarter.

Stifel's Buy rating compares with the SA Quant [https://seekingalpha.com/symbol/CPT/ratings/quant-ratings] system rating of Hold and the average Wall Street analyst [https://seekingalpha.com/symbol/CPT/ratings/sell-side-ratings] rating of Buy.

CPT shares edged up 0.4% in midday trading, but still down 5.8% year-to-date.

MORE ON CAMDEN PROPERTY TRUST

* Camden Property Trust: Looking Ahead, An Imminent Inflection [https://seekingalpha.com/article/4808110-camden-property-trust-looking-ahead-an-imminent-inflection]
* Camden Property Trust (CPT) Q2 2025 Earnings Call Transcript [https://seekingalpha.com/article/4807965-camden-property-trust-cpt-q2-2025-earnings-call-transcript]
* Camden Property Will Benefit From Falling Apartment Supply [https://seekingalpha.com/article/4793127-camden-property-will-benefit-from-falling-apartment-supply]
* Camden Property Trust signals 4%–5% rent growth in 2026–2027 as Sunbelt supply declines [https://seekingalpha.com/news/4476881-camden-property-trust-signals-4-percent-5-percent-rent-growth-in-2026-2027-as-sunbelt-supply]
* Seeking Alpha’s Quant Rating on Camden Property Trust [https://seekingalpha.com/symbol/CPT/ratings/quant-ratings]