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Stock impact report

Cousins Properties (CUZ) Tackling the AI Disruption Narrative [Yahoo! Finance]

Cousins Properties Incorporated (CUZ) 
Last cousins properties incorporated earnings: 4/30 05:07 pm Check Earnings Report
US:NYSE Investor Relations: investors.cousinsproperties.com
Company Research Source: Yahoo! Finance
Cousins Properties Inc. (NYSE: CUZ ) is one of the 10 cheap REITs with huge upside On February 26, Barclays reduced the target price on Cousins Properties Inc. (NYSE:CUZ) from $34 to $28, which still yields an upside of almost 23%. The firm maintained an Overweight rating on the stock. Copyright: eugenesergeev / 123RF Stock Photo Post fourth quarter announcements, the firm updated its models for the office REIT space. It fears the ongoing “AI disruption narrative” will remain in play, which will adversely affect valuation numbers. On February 17, a new share repurchase program was authorized by Cousins Properties Inc. (NYSE:CUZ), which will enable the company to repurchase a maximum of $250 million of its outstanding common shares. Funds for this purpose will be arranged through a mix of debt, cash flow, and sales proceeds from non-core assets, as well as repayment of shares issued under its ATM program. The need to repurchase a certain number of shares under the program is Show less Read more
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