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Prologis price target lowered to $120 from $135 at Truist

Prologis price target lowered to $120 from $135 at Truist

Truist lowered the firm’s price target on Prologis to $120 from $135 and keeps a Buy rating on the shares after updating the firm’s model based on the REIT’s Q3 quarter results, recent events, and adjusted revenue growth and expense assumption.

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