Evaluating Prologis: Insights From 6 Financial Analysts
Portfolio Pulse from Benzinga Insights
Six financial analysts have recently updated their ratings and price targets for Prologis (NYSE:PLD), reflecting a mix of bullish and bearish sentiments. The average 12-month price target for PLD has been raised to $139.0, indicating a 7.92% increase from the previous target. Analysts from firms including Evercore ISI Group, RBC Capital, Morgan Stanley, Raymond James, Baird, and Mizuho have adjusted their ratings and price targets, mostly raising them based on Prologis's market performance and financial indicators such as revenue growth, net margin, ROE, and ROA.
March 18, 2024 | 2:00 pm
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POSITIVE IMPACT
Prologis has received updated ratings and price targets from six financial analysts, indicating a positive outlook with an average 12-month price target of $139.0, up 7.92% from the previous target. The company's financial performance, including revenue growth and net margin, supports this optimistic view.
The increase in the average 12-month price target for Prologis reflects a positive sentiment among analysts, supported by the company's strong financial performance indicators such as revenue growth and net margin. This suggests a bullish outlook for PLD in the short term, likely attracting investor interest and potentially driving up the stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100