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Fly News Breaks for May 16, 2017
CUZ
May 16, 2017 | 07:45 EDT
As reported previously, Baird analyst David Rodgers upgraded Cousins Properties to Outperform from Neutral. The analyst cited the company's industry leading office employment growth and strong balance sheet. Rodgers raised his price target to $10 from $9 on Cousins Properties shares.
News For CUZ From the Last 2 Days
CUZ
Mar 26, 2024 | 20:03 EDT
Barclays analyst Brendan Lynch assumed coverage of Cousins Properties with an Overweight rating and $25 price target. The REIT's ability to achieve 24% higher than average rents for class A office properties in each of its markets demonstrates the value of its centrally-located, premier assets, the analyst tells investors in a research note. The company's consistent in- place rent growth every quarter since Q2 of 2017 also demonstrates continued tenant demand and favorable pricing dynamics, the firm added.