Evercore ISI Group Maintains Outperform Rating for Cousins Props: Here's What You Need To Know

Evercore ISI Group has decided to maintain its Outperform rating of Cousins Props CUZ and raise its price target from $25.00 to $28.00.

Shares of Cousins Props are trading up 0.77% over the last 24 hours, at $22.20 per share.

A move to $28.00 would account for a 26.13% increase from the current share price.

About Cousins Props

Cousins Properties Inc is a real estate investment trust principally involved in the ownership, management, and development of properties in the Southern United States. Cousins Properties' real estate portfolio primarily comprises offices and mixed-use developments that encompass both apartment and retail space. Offices make up the vast majority of the portfolio in terms of total square footage. Cousins' assets are mainly located in Texas and Georgia, with North Carolina also playing host to a smaller amount of rental space. The company derives nearly all of its revenue in the form of rental income from its properties, most of which comes from its office locations. A diverse set of tenants in the cities of Houston and Atlanta represent the company's major markets.

About Analyst Ratings

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Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.