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Prologis (PLD) Reports Q3 FFO of $0.73; Boosts FY16 FFO Outlook

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BTIG Positive on Prologis (PLD) Following 'Beat-and-Raise' Quarter

October 20, 2016 11:36 AM EDT

BTIG affirms Prologis (NYSE: PLD) at Buy with a price target of $60 after the company issued strong Q3 results and boosted guidance.

The firm summarized: Prologis reported 3Q16 core FFO/sh of $0.73, $0.03 higher than our estimate and the Street. The company raised... More