New insider activity at Prologis ( (PLD) ) has taken place on February 7, 2025.
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CIO Joseph Ghazal has made a significant transaction by selling 10,997 shares of Prologis stock, amassing a total of $1,305,783 from the sale.
Recent Updates on PLD stock
Recent developments surrounding Prologis (PLD) indicate a mixed outlook from various financial analysts. Raymond James downgraded the stock to Market Perform, citing valuation concerns after its recent outperformance and high investor expectations following solid Q4 results paired with mixed 2025 guidance. They highlighted that Prologis’ valuation spread versus peers is at near-record levels, with anticipated earnings growth lagging. Conversely, Baird raised its price target slightly, pointing to better-than-anticipated outlook as a reason for the adjustment. Truist also increased their price target following the company’s Q4 earnings beat, acknowledging a deflated near-term earnings expectation and a long-term positive view on industrial fundamentals. Additionally, Scotiabank slightly lowered its price target due to potential financial implications of the Los Angeles wildfires, impacting the broader real estate and REITs sector. Overall, the sentiment reflects a cautious optimism with concerns about economic challenges and market conditions.
More about Prologis
YTD Price Performance: 13.93%
Average Trading Volume: 4,202,738
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $112.8B