UBS Maintains Buy on Prologis, Lowers Price Target to $138
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Brent Dilts maintains a Buy rating on Prologis (NYSE:PLD) but lowers the price target from $151 to $138.

April 18, 2024 | 4:23 pm
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NEUTRAL IMPACT
UBS maintains a Buy rating on Prologis but lowers the price target from $151 to $138.
The maintenance of a Buy rating by UBS suggests a positive outlook on Prologis, indicating confidence in the company's fundamentals and growth potential. However, the reduction in the price target could reflect adjustments in market conditions or expectations, potentially leading to short-term volatility in the stock price. The overall impact is neutral as the positive sentiment from the Buy rating could be offset by the lowered price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100