RBC Capital Maintains Outperform on Prologis, Lowers Price Target to $124
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Michael Carroll maintains an Outperform rating on Prologis (NYSE:PLD) but lowers the price target from $145 to $124.
May 06, 2024 | 4:59 pm
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NEUTRAL IMPACT
RBC Capital maintains an Outperform rating on Prologis but lowers the price target from $145 to $124.
The adjustment in price target by RBC Capital, while maintaining an Outperform rating, suggests a positive outlook on Prologis but with moderated expectations. This could lead to a neutral short-term impact on the stock as the market digests the lowered price target against the backdrop of continued analyst confidence.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100