Prologis Reports Second Quarter Results

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ProLogis (PLD) PT Raised to $123 at Evercore ISI

July 18, 2024 5:10 AM EDT

Evercore ISI analyst Steve Sakwa raised the price target on ProLogis (NYSE: PLD) to $123.00 (from $119.00) while maintaining a In Line rating.

The analyst comments "According to PLD, market rent growth declined 2% during the quarter (after being down 1% in both Q1 and Q4) and 75% of it was attributable... More