Mizuho Upgrades Cousins Properties (CUZ) to Outperform

Mizuho analyst Vikram Malhotra upgraded Cousins Properties (NYSE: CUZ) from Neutral to Outperform with a price target of $29.00 (from $31.00).

The analyst comments: "Following its recent underperformance, CUZ trades at an 8.5x FFO multiple versus its 5-yr average of 11x, and the current risk premium of 420bps also 60bps higher (cheaper) than pre-Covid, suggesting the market is pricing in a fair amount of risk already. We see a) concerns over some of its key markets abating in FY26, b) lower execution risk than peers in terms of growing occupancy and earnings, and c) a unique ability to flex its balance sheet. Our FY27 FFO estimate is modestly above the Street."

For an analyst ratings summary and ratings history on Cousins Properties click here. For more ratings news on Cousins Properties click here.

Shares of Cousins Properties closed at $25.16 yesterday.

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