Citi Assumes ProLogis (PLD) at Buy
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Price: $130.27 -0.89%
Rating Summary:
23 Buy, 6 Hold, 1 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 7 | Down: 18 | New: 26
Rating Summary:
23 Buy, 6 Hold, 1 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 7 | Down: 18 | New: 26
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Citi analyst Nicholas Joseph assumes coverage on ProLogis (NYSE: PLD) with a Buy rating and a price target of $120.00.
The analyst commented, "We believe PLD can continue to outperform, given strong coastal infill industrial fundamentals, development value creation potential, and a lower cost of capital vs. peers."
For an analyst ratings summary and ratings history on ProLogis click here. For more ratings news on ProLogis click here.
Shares of ProLogis closed at $104.36 yesterday.
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