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Analysts Offer Insights on Financial Companies: Bank of America (BAC) and Prologis (PLD)

Analysts fell to the sidelines weighing in on Bank of America (BACResearch Report) and Prologis (PLDResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Bank of America (BAC)

In a report issued on July 18, David George from Robert W. Baird maintained a Hold rating on Bank of America, with a price target of $42.00. The company’s shares closed last Tuesday at $33.35.

According to TipRanks.com, George is a 4-star analyst with an average return of 8.1% and a 58.7% success rate. George covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, Capital One Financial, and Huntington Bancshares.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Bank of America with a $42.46 average price target, representing a 29.1% upside. In a report issued on July 12, Morgan Stanley also maintained a Hold rating on the stock with a $40.00 price target.

See the top stocks recommended by analysts >>

Prologis (PLD)

In a report issued on July 18, Dave Rodgers from Robert W. Baird maintained a Hold rating on Prologis, with a price target of $155.00. The company’s shares closed last Tuesday at $125.11.

According to TipRanks.com, Rodgers is a 3-star analyst with an average return of 2.1% and a 53.0% success rate. Rodgers covers the Financial sector, focusing on stocks such as Corporate Office Properties, Franklin Street Properties, and Hudson Pacific Properties.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Prologis with a $167.86 average price target.

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Read More on BAC:

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