Kennedy is tied with Camerson and Hawthorn's Jarryd Roughead on 60 goals with two games remaining in the premiership season.
But the Eagle, who is a strong contender for his first All Australian honour, said he would prefer to see the exciting young Giant prevail.
"I would love him to win it," Kennedy said.
"He's a superstar. He's 20 years old. He's in a team that's developing. He's a player that's getting the best backman every week.
"His year has been exceptional and he's been great to watch."
While the Giants have made it no secret they are trying to get Cameron as many goals as possible to help his Coleman chances, Kennedy said the Eagles should not be doing the same thing for him.
"It goes away from our structures," Kennedy said.
"We want to finish the year off strong. We've got our structures that we have in place.
"To be going and doing that could really stuff things up and I don't think we'd get the win on the board."
Kennedy has only kicked one goal in the past two weeks but he says the Coleman Medal is the furthest thing from his mind.
"It's been a pretty frustrating year because we're not going to play finals," he said.
"I'd trade in half of my goals for three or four more wins to play finals."
The Eagles suffered another heavy loss at the weekend, succumbing to Geelong by 66 points in a loss Kennedy labelled "embarrassing".
The Eagles were held to their lowest total at Patersons Stadium, 6.5 (41), which eclipsed their previous record low of 47 achieved on two separate occasions - against Geelong in 2008 and Essendon in 2001.
"It was disappointing to put in a performance like that," Kennedy said.
"I suppose (it was) a little bit embarrassing."
"I think we were off. But they're a really good side and they played really well. They just danced through us really."
Kennedy was leading the Coleman Medal race until he was held goalless on Saturday night for just the second time this year.
He believes the Eagles' inability to score against Geelong was due to the Cats' pressure.
"We were probably under the pump a lot. Their pressure was really good," Kennedy said.
"Our inside-50s were down a bit (at 38)... scoring efficiency was about 28 per cent, which has been the lowest for a long time.
"We couldn't really get clean ball movement inside 50 and I couldn't get on the board."