Jefferies Adjusts Prologis Price Target to $157 From $146, Maintains Buy Rating

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Jefferies has increased its price target for Prologis (PLD) to $157 from $146, while reaffirming a Buy rating on the stock. This adjustment comes amidst other recent analyst activities, including Goldman Sachs and RBC also raising their price targets for the commercial REIT. Prologis, a global leader in industrial distribution real estate, has also announced an increase in its quarterly dividend.

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