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Fly News Breaks for December 14, 2015
PLD
Dec 14, 2015 | 06:26 EDT
Goldman analyst Brad Burke downgraded Prologis to Sell and lowered its price target to $36 from $40.50 on shares. Burke believes Prologis' growth from reducing interest expenses and capitalizing costs will moderate and for the company to retain little free cash flow beyond its dividend.