As previously reported, Wolfe Research analyst Andrew Rosivach upgraded Cousins Properties (CUZ) to Outperform from Peer Perform with a $31 price target The firm thinks near-term earnings have below average downside risk, while a weak share price has placed it squarely in the camp of “deep value” stocks, the analyst tells investors. With earnings growth under pressure in REITs broadly, the firm views the steady Cousins earnings as “good enough” for the stock to gain multiple relative to the sector, the analyst added.
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Read More on CUZ:
- Cousins Properties upgraded to Outperform from Peer Perform at Wolfe Research
- Cousins Properties initiated with a Buy at Jefferies
- Cousins Properties price target lowered to $33 from $34 at Baird
- Cousins Properties price target raised to $38 from $35 at BofA
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