Argus lowered the firm’s price target on Prologis (PLD) to $122 from $130 and keeps a Buy rating on the shares following the Q1 report. The target cut is driven by sector rotation as some income stocks have stalled and the potential for negative trading on tariff news, the analyst tells investors in a research note. The firm says Prologis did not report a decrease in assets as a result of environmental events, but its domestic occupancy decreased to 95.2% at the end of Q1.

Stay Ahead of the Market:

Discover outperforming stocks and invest smarter with Top Smart Score Stocks. Filter, analyze, and streamline your search for investment opportunities using  Tipranks' Stock Screener.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See the top stocks recommended by analysts >>

Read More on PLD:

Disclaimer & DisclosureReport an Issue

Prologis downgraded to Peer Perform from Outperform at Wolfe Research Prologis price target lowered to $113 from $124 at Goldman Sachs Prologis: Strong Financial Performance and Strategic Stability Justify Buy Rating Prologis, Inc. Reports Strong Q1 2025 Results Prologis Faces Cautious Outlook Amid Market Uncertainty and Adjusted 2026 Earnings Forecast

View Comments