Barclays Maintains Overweight on Prologis, Lowers Price Target to $131
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Anthony Powell maintains an Overweight rating on Prologis (NYSE:PLD) but lowers the price target from $142 to $131.
October 10, 2024 | 2:34 pm
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Barclays analyst Anthony Powell maintains an Overweight rating on Prologis but lowers the price target from $142 to $131, indicating a slightly less optimistic outlook.
The maintenance of an Overweight rating suggests continued confidence in Prologis, but the lowered price target indicates a tempered outlook. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100