Barclays Maintains Overweight on Prologis, Lowers Price Target to $159
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Anthony Powell maintains an Overweight rating on Prologis (NYSE:PLD) but lowers the price target from $160 to $159.
June 28, 2023 | 12:41 pm
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NEUTRAL IMPACT
Barclays maintains an Overweight rating on Prologis but lowers the price target from $160 to $159.
The news is directly related to Prologis (PLD). Barclays' decision to maintain an Overweight rating indicates a positive outlook for the company. However, the slight decrease in the price target may cause some uncertainty among investors, potentially leading to short-term price volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100