Barclays analyst Brendan Lynch raised the firm’s price target on Prologis (PLD) to $132 from $131 and keeps an Overweight rating on the shares. The firm updated models in the real estate investment trust and communications infrastructure space post earnings.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PLD:
- Prologis price target lowered to $136 from $142 at Scotiabank
- Prologis CEO: Things are very good, our future is bright
- Prologis downgraded to Neutral from Buy at Goldman Sachs
- PLD Earnings: Prologis Reports Better-than-Expected Q3 Results
- United Air reports Q3 beat, Amazon unveils nuclear energy pacts: Morning Buzz