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Cousins Properties price target lowered to $35 from $38 at BofA

BofA lowered the firm’s price target on Cousins Properties (CUZ) to $35 from $38 and keeps a Buy rating on the shares. Cousins beat the Street on earnings by 3c and bumped guidance 1c, notes the analyst, who calls out Cousins as one of “Spector’s Top Picks.” The firm made no major changes to its estimates after updating its model for earnings, but removed its prior 5% premium given heightened macroeconomic uncertainty.

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