Citi analyst Craig Mailman has maintained their bullish stance on PLD stock, giving a Buy rating yesterday.
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Craig Mailman has given his Buy rating due to a combination of factors, including the updated financial model for Prologis reflecting their second quarter 2025 results and revised growth assumptions. The forecasted Funds from Operations (FFO) for 2025 has been slightly increased, indicating a positive outlook on the company’s financial performance.
Despite a reduction in the target price from $150 to $140, which accounts for uncertainties related to trade policies and their impact on tenant decisions, the expected share price return remains strong at 28.2%. This potential for significant return supports the Buy rating, as the stock is anticipated to perform well despite external challenges.
In another report released yesterday, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $123.00 price target.