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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POSITIVE IMPACT
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.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100