Baird Maintains Neutral on Prologis, Raises Price Target to $137
Portfolio Pulse from Benzinga Newsdesk
Baird analyst David Rodgers has maintained a Neutral rating on Prologis (NYSE:PLD) and increased the price target from $133 to $137.
January 23, 2024 | 8:10 pm
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Baird analyst David Rodgers reaffirmed a Neutral rating on Prologis and raised the price target to $137, indicating a potential upside from the previous target.
The increase in price target by Baird suggests a positive outlook on Prologis's value, potentially leading to investor optimism and a short-term increase in stock price. However, the Neutral rating indicates that the analyst does not see significant momentum beyond the revised target, tempering the impact.
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