Balance Sheet StrengthThe company's balance sheet is in a stronger shape with leverage at 6.4x, and the dividend has been right-sized to align with current earnings, providing a more sustainable capital structure.
Potential UpsideThere is an estimated 50% embedded potential upside to the stock once the office asset sales are completed.
Stock RecommendationThe analyst is upgrading PKST to Buy from Hold due to significant mispricing in the shares, especially concerning the suburban office portfolio.