Baird analyst David Rodgers raised the firm’s price target on Cousins Properties (CUZ) to $34 from $33 and keeps an Outperform rating on the shares. The firm noted theu acquisition of Sail Tower for $521M and noted investor feedback has been positive, and they expect deal activity to continue, as the company’s strong balance sheet allows it to play offense in a dislocated market.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CUZ:
- Cousins Properties 9.5M share Spot Secondary priced at $29.90
- Cousins Properties 9.5M share Spot Secondary; price range $29.90-$30.12
- Cousins Properties 9.5M share Spot Secondary; price range $39.90-$30.12
- Cousins Properties announces 9.5M share common stock offering
- Cousins Properties to Acquire Sail Tower in Austin