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.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
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