Analysts Have Conflicting Sentiments on These Financial Companies: American Tower (AMT), Prologis (PLD) and Comerica (CMA)

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on American Tower (AMT – Research Report), Prologis (PLD – Research Report) and Comerica (CMA – Research Report).

American Tower (AMT)

Morgan Stanley analyst Simon Flannery maintained a Hold rating on American Tower today and set a price target of $224.00. The company’s shares closed last Monday at $217.26.

According to TipRanks.com, Flannery is a 4-star analyst with an average return of 7.5% and a 63.4% success rate. Flannery covers the Technology sector, focusing on stocks such as Frontier Communications Parent, Lumen Technologies, and T Mobile US.

Currently, the analyst consensus on American Tower is a Strong Buy with an average price target of $247.30, representing a 13.0% upside. In a report released today, KeyBanc also downgraded the stock to Hold.

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Prologis (PLD)

Morgan Stanley analyst Ronald Kamdem maintained a Buy rating on Prologis today and set a price target of $128.00. The company’s shares closed last Monday at $125.31.

According to TipRanks.com, Kamdem is a 1-star analyst with an average return of -2.3% and a 56.3% success rate. Kamdem covers the Financial sector, focusing on stocks such as National Storage Affiliates, National Retail Properties, and Hudson Pacific Properties.

Currently, the analyst consensus on Prologis is a Strong Buy with an average price target of $134.42, implying a 9.1% upside from current levels. In a report issued on January 17, Truist Financial also maintained a Buy rating on the stock with a $135.00 price target.

Comerica (CMA)

In a report released today, Ryan Nash from Goldman Sachs maintained a Hold rating on Comerica, with a price target of $85.00. The company’s shares closed last Monday at $70.88.

According to TipRanks.com, Nash is a 4-star analyst with an average return of 11.4% and a 66.7% success rate. Nash covers the Financial sector, focusing on stocks such as Bread Financial Holdings, Synchrony Financial, and Fifth Third Bancorp.

Comerica has an analyst consensus of Moderate Buy, with a price target consensus of $80.20.

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Read More on AMT:

• 2 “Strong Buy” Stocks That Can Cruise Through a Recession
• American Tower buyout of Cellnex a possibility, says Citi
• American Tower, Brookfield weigh bid for Cellnex, Okdiario reported
• American Tower price target lowered to $275 from $325 at Truist
• American Tower upgraded to Buy from Hold at Deutsche Bank