Raymond James Maintains Strong Buy on Prologis, Lowers Price Target to $130
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst William Crow maintains a Strong Buy rating on Prologis (NYSE:PLD), but has lowered the price target from $145 to $130.

October 23, 2023 | 8:31 am
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NEUTRAL IMPACT
Prologis' price target has been lowered from $145 to $130 by Raymond James, though the Strong Buy rating is maintained.
The news is directly about Prologis and is likely to impact its stock. While the lowering of the price target might be seen as a negative, the maintenance of the Strong Buy rating indicates continued confidence in the company's prospects. This could lead to a neutral short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100