Citi Reiterates Buy Rating on ProLogis (PLD)

Goldman Sachs Reiterates Neutral Rating on ProLogis (PLD)

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)

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

Prologis (PLD) Tops Q4 EPS by 66c

Prologis (NYSE: PLD) reported Q4 EPS of $1.37, $0.66 better than the analyst estimate of $0.71. Revenue for the quarter came in at $2.2 billion versus the consensus estimate of $1.96 billion.

For earnings history and earnings-related data on Prologis (PLD) click here.

Barclays shares outlook on U.S. REITS and Communications Infrastructure in 2025

Analysts at Barclays are out with a report on U.S. REITs and U.S. Communications Infrastructure, with updates on stocks under coverage within sub-sectors including Towers, Self-Storage, Office, Industrial and Data Centers.

On Towers, the firm said it expects a modest improvement in amendment and new lease billings in 2025 as well as further improvement in 2026 as a result of carrier application activity in the second half of 2024.

Tower sentiment is weak, and even though the near-term revenue outlook is muted, towers still present contractually obligated revenue streams with attractive 3% escalators, Barclays analysts said in the report, adding... More