BMO Capital analyst John Kim upgraded Prologis (PLD) to Market Perform from Underperform with a $119 price target Amid its strategic shift on data centers, BMO Capital is encouraged that the company will likely have a recurring-income business leveraged to AI demand, the analyst tells investors in a research note.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PLD: