Significant developments unfold within
Prologis (PLD), resulting in substantial shifts in stock positions among multiple organizations. Recent reports indicate that First American Bank, Ballentine Partners LLC, and Sumitomo Mitsui DS Asset Management Company Ltd, alongside others, have amplified their stakes in Prologis. In contrast, entities like Plancorp LLC, UMB Bank n.a., and Modern Wealth Management LLC have liquidated some of their Prologis shares. The
valuation of Prologis gained attention with an upgrade from
BofA Securities, leading it from 'Neutral' to '
Buy' and lifting its
price target to $130. This action was influenced by observed growth and favorable market dynamics.
Q3 Earnings announcements and conference calls are scheduled.
Leadership transitions within the firm have also been reported, and recent buys emphasize strong financial performance, robust earnings growth, and market upswings despite slight market dips and slower leasing environment. However, some advisory firms also reduced their positions in Prologis, suggestive of mixed market sentiments.
Prologis PLD News Analytics from Wed, 19 Feb 2025 08:00:00 GMT to Sat, 27 Sep 2025 19:17:06 GMT -
Rating 6
- Innovation 2
- Information 8
- Rumor -3
