Truist Securities Maintains Buy on Prologis, Lowers Price Target to $135
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Ki Bin Kim maintains a Buy rating on Prologis (NYSE:PLD) but lowers the price target from $140 to $135.
June 28, 2023 | 9:32 am
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NEUTRAL IMPACT
Truist Securities maintains a Buy rating on Prologis but lowers the price target from $140 to $135.
The news is directly about Prologis and is likely to impact its stock. While the maintained Buy rating is positive, the lowered price target might have a neutral to slightly negative impact on the stock in the short term as it indicates a lower future valuation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100