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Stock impact report

Citi Returns to Prologis (PLD) with Buy Rating and $145 Target [Yahoo! Finance]

Prologis, Inc. (PLD) 
Last prologis, inc. earnings: 4/21 08:00 am Check Earnings Report
US:NYSE Investor Relations: ir.prologis.com
Company Research Source: Yahoo! Finance
Prologis, Inc. (NYSE: PLD ) is included among the 13 Best REIT Dividend Stocks to Invest in Citi Returns to Prologis (PLD) with Buy Rating and $145 Target On March 6, Citi resumed coverage of Prologis, Inc. (NYSE:PLD) with a Buy rating. The firm set a $145 price target after a period during which its rating had been suspended. In late February, Janus Henderson portfolio manager Greg Kuhl spoke to CNBC about Prologis. Kuhl manages the firm's U.S. Real Estate ETF (JRE) and noted that Prologis is the fund's top holding. He said the company is an industrial REIT that is also building out a data center business. According to Kuhl, the market may be overlooking that expansion. He added that the company's core logistics business is beginning to improve as demand starts to recover. Sean Russo of Ritholtz Wealth Management also discussed Prologis in a CNBC report. He said the company dominates industrial real estate with 1.3 billion square feet of logistics facilities across 20 countr Show less Read more
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