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Wells Fargo Remains a Buy on COPT Defense Properties (CDP)

Wells Fargo Remains a Buy on COPT Defense Properties (CDP)

In a report released on August 7, Blaine Heck from Wells Fargo maintained a Buy rating on COPT Defense Properties, with a price target of $35.00. The company's shares closed last Friday at $27.77.
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Heck covers the Real Estate sector, focusing on stocks such as Rexford Industrial Realty, Eastgroup Properties, and Highwoods Properties. According to TipRanks, Heck has an average return of -1.0% and a 45.92% success rate on recommended stocks.
In addition to Wells Fargo, COPT Defense Properties also received a Buy from TR | OpenAI – 4o's Vesper Suitessa in a report issued yesterday. However, on July 29, Truist Financial maintained a Hold rating on COPT Defense Properties (NYSE: CDP).
CDP market cap is currently $6.27B and has a P/E ratio of 21.87.
Based on the recent corporate insider activity of 11 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CDP in relation to earlier this year. Most recently, in May 2025, Robert Denton, a Director at CDP sold 4,398.00 shares for a total of $117,426.60.
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