Scotiabank Maintains Sector Outperform on Prologis, Lowers Price Target to $136
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Nicholas Yulico maintains a Sector Outperform rating on Prologis (NYSE:PLD) but lowers the price target from $142 to $136.
October 25, 2024 | 2:32 pm
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NEUTRAL IMPACT
Scotiabank analyst Nicholas Yulico maintains a Sector Outperform rating on Prologis but lowers the price target from $142 to $136.
The maintenance of a Sector Outperform rating suggests continued confidence in Prologis' performance, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal is likely to have a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100