Scotiabank Maintains Sector Outperform on Prologis, Raises Price Target to $142
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Nicholas Yulico maintains a Sector Outperform rating on Prologis (NYSE:PLD) and raises the price target from $135 to $142.
August 26, 2024 | 1:52 pm
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Scotiabank has reaffirmed its positive outlook on Prologis by maintaining a Sector Outperform rating and increasing the price target from $135 to $142, indicating confidence in the company's future performance.
The increase in price target from $135 to $142 by Scotiabank suggests a positive outlook for Prologis, likely leading to a short-term increase in stock price as investors react to the analyst's confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100