Prologis (PLD) Reports Q4 CFFO of $0.64/Share

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Jefferies Starts ProLogis (PLD) at Hold

January 22, 2016 7:39 AM EST

Jefferies initiates coverage on ProLogis (NYSE: PLD) with a Hold rating and a price target of $40.00.

Analyst Jonathan Petersen commented: "With PLD trading at an FFO multiple that is 5.0x below its five year average, we would like to be more... More