Evercore ISI Group Downgrades Cousins Props to In-Line, Maintains Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has downgraded Cousins Properties (NYSE:CUZ) from Outperform to In-Line, while maintaining the price target at $29.
August 20, 2024 | 10:07 am
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Evercore ISI Group has downgraded Cousins Properties from Outperform to In-Line, maintaining the price target at $29. This downgrade may indicate a less optimistic outlook on the stock's performance.
The downgrade from Outperform to In-Line suggests that the analyst sees less potential for the stock to outperform the market in the near term. Maintaining the price target indicates no change in the valuation outlook, but the downgrade itself could lead to a negative sentiment among investors, potentially impacting the stock price negatively in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100