Capmus Crest soars following activist bid, company response

|By:, SA News Editor

"While we do not know which direction the board will ultimately go, we believe shareholders will win in either event," says Wunderlich's Craig Kucera, upgrading Campus Crest Communities (CCG +10.4%) to Buy, with price target boosted to approximate NAV of $8.25.

Previously: Under activist pressure, Campus Crest exploring strategic alternatives (Feb. 17)

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