Prologis (PLD) Tops Q1 EPS by 33c, Beats on Revenues; Boosts FY18 EPS Guidance Above Consensus

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ProLogis (PLD) PT Raised to $73 at BTIG

April 19, 2018 8:05 AM EDT

BTIG raised its price target on ProLogis (NYSE: PLD) to $73.00 (from $71.00) while maintaining a Buy rating. The development platform continues to create value; margins on 1Q18 stabilizations exceeded underwriting by 900-1,000 bps. Additionally, Prologis size and global footprint provide access to lower cost... More

ProLogis (PLD) PT Raised to $71 at Evercore ISI

April 17, 2018 3:29 PM EDT

Evercore ISI raised its price target on ProLogis (NYSE: PLD) to $71.00 (from $69.00) while maintaining a Outperform rating.

Analyst Steve Sakwa comments "...we expect consensus estimates/NAVs to be revised higher in the coming weeks which could drive additional outperformance." The... More