Truist Securities Maintains Buy on Cousins Props, Lowers Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Lewis has maintained a Buy rating on Cousins Properties (NYSE:CUZ) but reduced the price target from $27 to $26.

January 16, 2024 | 6:56 pm
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NEUTRAL IMPACT
Truist Securities reaffirmed a Buy rating on Cousins Properties, but lowered the price target from $27 to $26, indicating a slightly reduced but still positive outlook.
The reduction in price target by Truist Securities suggests a minor adjustment in the expected future performance of Cousins Properties. While the Buy rating indicates continued confidence in the company's prospects, the lower price target may slightly temper investor expectations. The impact on the stock price is likely to be neutral in the short term as the rating remains positive, but the reduced target could lead to some cautious trading.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100