BofA/Merrill Lynch Downgrades Parkway Properties (PKY) to Neutral on Houston Exposure
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Price: $16.53 --0%
Rating Summary:
2 Buy, 14 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
2 Buy, 14 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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BofA/Merrill Lynch downgraded Parkway Properties (NYSE: PKY) from Buy to Neutral with a price target of $19.00 (from $21.00) on its Houston (energy sector) exposure.
Analyst James Feldman notes Parkway Properties has 4.4M SF in 10 Houston buildings currently 93.2% leased.
For an analyst ratings summary and ratings history on Parkway Properties click here. For more ratings news on Parkway Properties click here.
Shares of Parkway Properties closed at $18.64 yesterday.
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