Stifel Nicolaus Upgrades BDN, PKY to Buy; Downgrades HIW to Hold, MPG to Sell

Stifel Nicolaus' Real Estate analyst has made several rating changes this morning:

• Brandywine Realty (NYSE: BDN) upgraded from Hold to Buy, with a $12 price target
  
• Parkway Properties (NYSE: PKY) upgraded from Hold to Buy, with a $22 price target
  
• Highwood Properties (NYSE: HIW) downgraded from Buy to Hold
  
• Maguire Properties (NYSE: MPG) downgraded from Hold to Sell

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