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Fly News Breaks for August 1, 2017
CUZ
Aug 1, 2017 | 08:01 EDT
As noted earlier, Stifel upgraded Cousins to Buy from Hold. Analyst John Guinee reported that the company has over $500M of development projects between Q2 and the end of 2018, while it has "a high quality" portfolio which is "located largely in the best urban Sunbelt submarkets." The analyst adds that the company's debt load is low, while it is likely to obtain a large share of "build-to-suit opportunities in the major Sunbelt markets for the foreseeable future." Target $10.50.