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Parkway Properties, Inc. (PKY) [hlAlert]

Rating:
Buy PKY
down 7.70 %

Parkway Properties, Inc. (PKY) upgraded to Buy with price target $19.50 by Stifel

Posted on: Tuesday,  Dec 1, 2015  8:25 AM ET by Stifel

Stifel rated Buy Parkway Properties, Inc. (NYSE: PKY) on 12/01/2015, when the stock price was $17.40. Since
then, Parkway Properties, Inc. has lost 7.70% as of 01/14/2016's recent price of $16.06.
If you would have followed this Stifel's recommendation on PKY, you would have lost 7.7% of your investment in 44 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.

Stifel
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/1/2015 8:25 AM Buy
None
17.40 19.50
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/3/2014 8:25 AM Hold
None
18.29

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