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Fly News Breaks for July 8, 2015
PLD
Jul 8, 2015 | 07:26 EDT
After meeting with Prologis' management, Wells Fargo says that the company's fundamentals are strong, with rent spreads likely to accelerate over the next several quarters. The firm expects the company's NAV to increase by $2.50-$3 per share annually, and predicts that its equity issuances will be limited. Wells keeps an Outperform rating on the stock.
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