Prologis price target raised to $154 from $152 at BTIG

BTIG raised the firm’s price target on Prologis to $154 from $152 and keeps a Buy rating on the shares. While rent trends may dominate discussions, Prologis’s long-term earnings trajectory remains intact, the analyst tells investors in a research note. The firm thinks yesterday’s weakness is overdone and sees long-term upside for earnings growth and platform offerings.