FBR Capital Reiterates an 'Outperform' on Parkway Properties (PKY); Takeaways from Investor Meetings Positive
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Price: $16.53 --0%
Rating Summary:
2 Buy, 14 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
2 Buy, 14 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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FBR Capital reiterates an 'Outperform' on Parkway Properties (NYSE: PKY), PT $20.
FBR analyst says, "We accompanied Messrs. Steve Rogers, CEO, James Heistand, executive chairman, and Richard Hickson, CFO, this week on meetings with investors. We came away feeling very positive on the integrated management team and we maintain our investment thesis surrounding our belief that fundamentals in Parkway's markets have bottomed from an occupancy perspective. We believe that Mr. Heistand's real estate leasing and investment experience should impact Parkway positively in the coming years."
For more ratings news on Parkway Properties click here and for the rating history of Parkway Properties click here.
Shares of Parkway Properties closed at $16.58 yesterday.
FBR analyst says, "We accompanied Messrs. Steve Rogers, CEO, James Heistand, executive chairman, and Richard Hickson, CFO, this week on meetings with investors. We came away feeling very positive on the integrated management team and we maintain our investment thesis surrounding our belief that fundamentals in Parkway's markets have bottomed from an occupancy perspective. We believe that Mr. Heistand's real estate leasing and investment experience should impact Parkway positively in the coming years."
For more ratings news on Parkway Properties click here and for the rating history of Parkway Properties click here.
Shares of Parkway Properties closed at $16.58 yesterday.
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