B of A Securities Downgrades Prologis to Neutral, Announces $128 Price Target
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Jeffrey Spector has downgraded Prologis (NYSE:PLD) from Buy to Neutral and set a price target of $128.
August 12, 2024 | 11:17 am
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B of A Securities has downgraded Prologis from Buy to Neutral and set a price target of $128.
The downgrade from Buy to Neutral by a major analyst like B of A Securities is likely to negatively impact investor sentiment and short-term stock price. The new price target of $128 suggests limited upside potential.
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IMPORTANCE 80
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