Prologis price target lowered to $139 from $142 at Truist

Truist analyst Michael Lewis lowered the firm’s price target on Prologis (PLD) to $139 from $142 and keeps a Buy rating on the shares after its Q4 results. The firm is cutting its FY26 FFO view by 6c to $6.08 mostly due to lower promote income and higher G&A expense, though this was partially offset by higher net operating income, the analyst tells investors in a research note.