UPDATE: KeyBanc Downgrades Camden Property Trust to Hold on Valuation, Supply Trends - Camden Prop Trust (NYSE:CPT)

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.

KeyBanc downgraded Camden Property Trust (NYSE: CPT) from Buy to Hold.KeyBanc commented, "We are downgrading shares of Camden Property Trust (CPT-NYSE) to HOLD from BUY on: 1) valuation, as the stock has neared our $73 target price; and 2) a more cautious view of the Company's supply trends in coming years. While CPT's Sunbelt markets are likely to continue to see above average job growth in 2013, we believe that supply is likely to materially slow rent growth in late 2013 and 2014."Camden Property Trust closed at $68.98 on Wednesday.

27% profit every 20 days?

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!