BMO Capital downgraded Cousins Properties (CUZ) to Market Perform from Outperform with a price target of $32, up from $31. The firm cites valuation for the downgrade following the stock’s strong performance year-to-date. Cousins has outperformed office peers by 12.5%, the analyst tells investors in a research note.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CUZ:
- Trump Trade: Trump Media considers developing crypto payment service
- Cousins Properties Highlights Premium Office Spaces at REITworld
- Cousins Properties 6M share Spot Secondary priced at $31.25
- Cousins Properties 6M share Spot Secondary; price range $31.25-$31.58
- Cousins Properties announces 6M share common stock offering