Wells Fargo throws in the towel on Parkway Properties

• After a rough run for Parkway Properties (PKY -0.4%), Wells Fargo downgrades to Market Perform from Outperform.
• PKY is lower by 13.5% YTD, with all of the decline coming since mid-July.
• Previously: Faster capital recycling activity at Parkway Properties; FFO guidance cut (Oct. 1)