Barclays lowered the firm’s price target on Cousins Properties (CUZ) to $28 from $34 and keeps an Overweight rating on the shares. The firm updated models in the office real estate investment trust group following the Q4 reports. The “AI disruption narrative” will continue to weigh on office valuations, the analyst tells investors in a research note.
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Read More on CUZ:
- Cousins Properties price target lowered to $33 from $35 at Baird
- Cousins Properties price target lowered to $27 from $29 at Mizuho
- Cousins Properties Issues New Senior Notes for Financing
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