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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Read More on CUZ:
- Cousins Properties Reports Strong Q1 2025 Results
- Cousins Properties Inc. Reports Strong Q1 Earnings
- Cousins Properties: Hold Rating Maintained Amid Positive Performance and Lingering Concerns
- Cousins Properties reports Q1 FFO 74c, consensus 71c
- Cousins Properties narrows FY25 FFO view to $2.75-$2.83 from $2.73-$2.83