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.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PLD: