BofA raised the firm’s price target on Prologis (PLD) to $162 from $153 and keeps a Buy rating on the shares. After “strong” Q1 results, the firm raised its 2026 core FFO per share estimate to $6.18 from $6.13, noting that its forecast is now above the updated guidance midpoint and the Street.
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Read More on PLD:
- Prologis: Strong Q1 Beat, Expanding Development Pipeline, and Upgraded Earnings Outlook Support Reiterated Buy Rating
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