Raymond James Maintains Strong Buy on Prologis, Raises Price Target to $145
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst William Crow has reaffirmed a Strong Buy rating on Prologis (NYSE:PLD) and increased the price target from $130 to $145, indicating a positive outlook on the stock.
January 24, 2024 | 12:29 pm
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Prologis' stock rating has been maintained as a Strong Buy by Raymond James, with an increased price target from $130 to $145, suggesting confidence in the company's future performance.
The reaffirmation of a Strong Buy rating and an increase in the price target typically signal analyst confidence in the company's prospects, which can positively influence investor sentiment and potentially lead to a short-term increase in the stock price.
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