Prologis (PLD) continues to position itself strongly in the market with increased stock holdings by several firms such as TrinityPoint Wealth LLC and Stifel Financial Corp. The company's recent activities have received varied reactions from analysts, some projecting an optimistic picture, some suggesting caution and some recommending holding the stock. Multiple participations in conferences and investor forums along with Q1 2024 results have been announced, as well as a future Virtual 2024 Stockholders Meeting. Prologis has also trimmed its 2024 guidance. Importantly, Prologis launched a new EV truck charging depot in collaboration with Performance Team - A Maersk Company. The company's Vice Chairman Gene Reilly is set to retire. Prologis had a slight fall in the market but was seen to have potential as a long-term investment. Notably, Prologis achieved a 500-Megawatt Solar Milestone, accelerating towards its One Gigawatt Goal. The consensus recommendation for PLD is a “Moderate Buy”. Noteworthy future metrics include a quarterly dividend and a spike in earnings forecasted for Q1 2025. The company’s revenues topped Q1 expectations but faced challenges due to interest rates affecting their leasing activities.
Prologis PLD News Analytics from Tue, 18 Jul 2023 07:00:00 GMT to Wed, 29 May 2024 18:11:17 GMT - Rating 6 - Innovation 7 - Information 8 - Rumor -5
