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Cousins Properties downgraded ahead of merger

Sep. 29, 2016 10:10 AM ETParkway Properties Inc. (PKY) StockPKY, CUZBy: Stephen Alpher, SA News Editor1 Comment
  • The merger with Parkway Properties (NYSE:PKY) is set to close on Oct. 6, with the spinoff of the Houston-based assets of the two companies to take place alongside.
  • Stifel today downgrades Cousins (NYSE:CUZ) to Sell, with PT cut to $9.50 from $11.50.
  • CUZ is lower by 3.05% to $10.46, and PKY by 2.45%.

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