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Enter Symbol:
 
Parkway Properties, Inc. (PKY) [hlAlert]

Rating:
Outperform
PKY
down 6.51 %

Parkway Properties, Inc. (PKY) rated Outperform by Raymond James

Posted on: Tuesday,  Jun 4, 2013  10:25 AM ET by Raymond James

Raymond James rated Outperform Parkway Properties, Inc. (NYSE: PKY) on 06/04/2013, when the stock price was $17.18. Since
then, Parkway Properties, Inc. has lost 6.52% as of 01/14/2016's recent price of $16.06.
If you would have followed this Raymond James's recommendation on PKY, you would have lost 6.51% of your investment in 954 days.

Parkway Properties, Inc. (Parkway) is a real estate investment trust (REIT) specializing in the operation, leasing, acquisition and ownership of office properties. The Company performs these services for its own account and for other institutional investors through co-ownership structures, such as discretionary funds and/or partnerships. Parkwat focused on the Southeastern and Southwestern United States and Chicago. As of January 1, 2009, Parkway owned or had an interest in 67 office properties located in 11 states with an aggregate of approximately 13.5 million square feet of leasable space. Included in the portfolio are one discretionary fund and several partnership arrangements, which encompass 21 properties totaling 3.8 million square feet, representing 28% of the portfolio.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/4/2013 10:25 AM Buy
None
17.18
as of 12/13/2013
1 Week down  -3.30 %
1 Month down  -0.11 %
3 Months up  5.04 %
1 YTD up  0.58 %

(*) Stock Price at the time of the recommendation.
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