14 Analysts Assess Prologis: What You Need To Know
Portfolio Pulse from Benzinga Insights
Prologis (NYSE:PLD) has been analyzed by 14 analysts over the past three months, showing a range of perspectives from bullish to bearish. The average 12-month price target has dropped by 10.63% to $128.36. Analysts have recently lowered their price targets and ratings for Prologis, reflecting changing market conditions and company performance.
May 16, 2024 | 2:00 pm
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NEGATIVE IMPACT
Prologis has seen a significant drop in its average 12-month price target by 10.63% to $128.36. Analysts have predominantly lowered their ratings and price targets, indicating a cautious outlook on the stock.
The significant drop in the average 12-month price target and the lowering of ratings by multiple analysts suggest a bearish short-term outlook for Prologis. This indicates that analysts are adjusting their expectations based on recent market conditions and company performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100