Prologis to Announce Third Quarter 2022 Results October 19

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ProLogis (PLD) PT Lowered to $130 at BMO Capital

September 27, 2022 11:36 AM EDT

BMO Capital analyst John Kim lowered the price target on ProLogis (NYSE: PLD) to $130.00 (from $135.00) while maintaining an Outperform rating.

The analyst commented, "We are reducing our estimate of PLD's 2022 net promote income to $377m, 18% below company guidance, due to a likely... More