Mizuho Maintains Neutral on Prologis, Raises Price Target to $130
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Vikram Malhotra has maintained a Neutral rating on Prologis (NYSE:PLD) and increased the price target from $125 to $130.

January 10, 2024 | 4:38 pm
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NEUTRAL IMPACT
Mizuho analyst Vikram Malhotra maintains a Neutral rating on Prologis and raises the price target from $125 to $130.
The increase in price target by Mizuho suggests a positive outlook on Prologis's valuation, but the maintained Neutral rating indicates that the analyst does not see significant short-term price movement. Investors may view the raised target as a modestly bullish signal, but the neutral stance tempers expectations for any immediate stock price increase.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100