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.
Claim 70% Off TipRanks Premium
- 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:
- Prologis upgraded to Outperform from Sector Perform at Scotiabank
- Prologis price target raised to $139 from $118 at Barclays
- ARMOUR, Prologis, Dollar Tree, Semtech, Ambarella Insider Shake-Up
- Prologis price target raised to $144 from $137 at UBS
- Prologis downgraded to Neutral from Outperform at Baird