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Fly News Breaks for May 15, 2019
PLD
May 15, 2019 | 16:19 EDT
Goldman Sachs analysts led by Caitlin Burrows initiated coverage of five Industrial REITs with a favorable outlook, citing the view that demand will be driven by secular growth in e-commerce and cyclical factors and will remain strong. Burrows and the team started Prologis with a Buy rating and placed the stock on the Americas Conviction List, citing the strong SS NOI growth that is being driven by its strategy of prioritizing rate growth. They set a price target of $87 on Prologis shares.
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Apr 17, 2024 | 10:00 EDT
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