Analysts Downgrade 3 Financial Companies Last Week

Wall St. Watchdog reveals information about companies for which stock analysts downgraded shares in the Financial sector for the week ending November 11th, 2011.

  • Apollo Investment (NASDAQ:AINV): Ladenburg Thalmann downgraded its rating on this company from Buy to Neutral and changed its price target from $11 to $8.25 on Nov 7th. The shares recently traded at $7.56, down $0.33, or 4.18% since the analyst’s rating. About the company: Apollo Investment Corporation is a closed-end management investment company incorporated in the USA. The Company generates both current income and capital appreciation through debt and equity investments. Get the most recent company news and stock data here >>
  • Brookfield Properties (NYSE:BPO): Stifel Nicolaus downgraded its rating on this company from Buy to Hold on Nov 8th. The shares recently traded at $15.83, down $0.79, or 4.75% since the analyst’s rating. About the company: Brookfield Properties Corporation owns, develops, and manages North American office properties. The Company’s portfolio comprises various commercial properties and development sites, including the World Financial Center in New York. Get the most recent company news and stock data here >>
  • Parkway Prop (NYSE:PKY): Stifel Nicolaus downgraded its rating on this company from Hold to Sell on Nov 10th. The shares recently traded at $11.69, down $0.18, or 1.52% since the analyst’s rating. About the company: Parkway Properties, Inc. is a self-administered real estate investment trust (REIT). The Company acquires, manages, finances and leases office properties in the southeastern United States and Texas. Get the most recent company news and stock data here >>

(Note: Selected financial data are sourced from Briefing.com via the Wall St. Journal. All data are assumed to be accurate.)

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