Baird Maintains Neutral on Prologis, Lowers Price Target to $117
Portfolio Pulse from Benzinga Newsdesk
Baird analyst David Rodgers maintains a Neutral rating on Prologis (NYSE:PLD) and lowers the price target from $137 to $117.

May 01, 2024 | 11:33 am
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Baird analyst David Rodgers maintains a Neutral rating on Prologis and lowers the price target from $137 to $117.
The reduction in price target by Baird, a significant financial analysis firm, could lead to a negative short-term sentiment among investors, potentially causing a decrease in Prologis's stock price. The maintenance of a Neutral rating indicates no change in the overall outlook, but the lowered price target suggests a reassessment of the company's future growth or profitability prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100