Prologis Reports Fourth Quarter and Full Year 2024 Results

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Citi Reiterates Buy Rating on ProLogis (PLD)

January 21, 2025 10:56 AM EST

Citi analyst Nicholas Joseph reiterated a Buy rating and $150.00 price target on ProLogis (NYSE: PLD).

The analyst comments "PLDs below consensus initial 2025 FFO guidance of $5.73 at the midpoint (vs. Factset consensus at $5.78 and Citi at $5.82) is seemingly in line with the majority... More

Goldman Sachs Reiterates Neutral Rating on ProLogis (PLD)

January 21, 2025 10:47 AM EST

Goldman Sachs analyst Caitlin Burrows reiterated a Neutral rating and $119.00 price target on ProLogis (NYSE: PLD)

The analyst comments "Excluding net promote income, PLD reported core 4Q24 FFOPS of $1.42, +1.4% higher than GS estimate of $1.40, and 2025 guidance that implies 4.5% y/y core FFOPS growth,... More

JPMorgan Reiterates Overweight Rating on ProLogis (PLD)

January 21, 2025 10:47 AM EST

JPMorgan analyst Michael Mueller reiterated an Overweight rating and $131.00 price target on ProLogis (NYSE: PLD)

The analyst comments "Before Tuesdays open, Prologis (PLD) reported 4Q results that came in ahead of expectations. The $1.50 CFFO was well ahead of JPM/Street on an unanticipated promote, and the... More