Baird lowered the firm’s price target on Prologis (PLD) to $120 from $126 and keeps an Outperform rating on the shares. The firm updated its model following Q1 results where near term choppiness is expected but longer term value is still there.
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Read More on PLD:
- Prologis price target lowered to $120 from $123 at Truist
- Prologis price target lowered to $119 from $132 at Barclays
- Prologis price target lowered to $117 from $128 at RBC Capital
- Prologis’s Growth Potential and Resilience Amid Economic Uncertainties: A Buy Rating by Ki Bin Kim
- Broadstone Net Lease partners with Prologis on $78.2M development
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