Truist Securities Maintains Buy on Prologis, Lowers Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Ki Bin Kim has maintained a 'Buy' rating on Prologis (NYSE:PLD), but lowered the price target from $135 to $120.

October 24, 2023 | 4:45 pm
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NEUTRAL IMPACT
Prologis' price target has been lowered from $135 to $120 by Truist Securities, though the 'Buy' rating is maintained.
The lowering of the price target could potentially create a negative sentiment among investors, but the maintained 'Buy' rating suggests that the analyst still sees potential in the stock. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100