In a report released yesterday, Tom Catherwood from BTIG maintained a Buy rating on Prologis (PLD – Research Report), with a price target of $193.00. The company's shares closed last Tuesday at $169.56, close to its 52-week high of $170.66. According to TipRanks.com, Catherwood is a 3-star analyst with an average return of 7.0% and a 54.4% success rate. Catherwood covers the Financial sector, focusing on stocks such as Innovative Industrial Properties, INDUS Realty Trust, and Boston Properties. Prologis has an analyst consensus of Strong Buy, with a price target consensus of $177.70, which is a 7.0% upside from current levels.
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