Evercore ISI Group Maintains In-Line on Prologis, Lowers Price Target to $123
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Steve Sakwa maintains an In-Line rating on Prologis (NYSE:PLD) and lowers the price target from $136 to $123.

April 18, 2024 | 3:19 pm
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Evercore ISI Group maintains an In-Line rating on Prologis and lowers the price target from $136 to $123.
The reduction in price target by Evercore ISI Group suggests a tempered outlook on Prologis's stock value in the short term, potentially due to market conditions or company-specific factors not detailed in the news. This adjustment is likely to influence investor sentiment negatively, leading to a possible decrease in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100