As previously reported, Scotiabank analyst Nicholas Yulico upgraded Prologis (PLD) to Outperform from Sector Perform with a price target of $146, up from $133, as the firm shifts its subsector and stock preferences ahead of Q4 earnings season for the REITs. The firm is now more positive on Industrial, recommending an Overweight to the subsector, and is raising its 2026/2027 earnings estimates for Prologis due to slightly better occupancy expectations.
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