Jefferies analyst Peter Abramowitz upgraded Cousins Properties (CUZ) to Buy from Hold with a price target of $36, up from $33, as part of a 2025 office real estate investment trust outlook. Cousins has a “best-in-class, modernized portfolio” in Sunbelt markets that will continue to benefit from in-migration, the analyst tells investors in a research note. The firm also believes the company’s 2025 estimates and beyond are underestimating the impact of recent accretion from acquisitions, as well as further potential external growth opportunities.
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