Zacks Investment Research downgraded shares of POST PPTYS INC (PPS) from OUTPERFORM to NEUTRAL on May 23, 2012, with a target price of $53.70.
Post Properties, Inc. is one of the largest developers and operators of upscale multifamily apartment communities in the Southeastern and Southwestern United States. The company owns a number of stabilized communities containing apartment units located primarily in metropolitan Atlanta, Georgia Dallas, Texas and Tampa, Florida.
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