Prologis downgraded to Underperform from Market Perform at BMO Capital

Image for article Prologis downgraded to Underperform from Market Perform at BMO Capital
News Source : Yahoo Entertainment

News Summary

  • BMO Capital downgraded Prologis (PLD) to Underperform from Market Perform with a price target of $104, down from $120
  • Industrial leasing demand is down 56% year-over-year, and BMO does not see a near-term rebound
  • The Trump tariffs adds further uncertainty, the firm adds
https//www.tipranks.com/news/thefly/prologisdowngradedtounderperformfrommarketperformatbmocapitalBMO Capital downgraded Prologis (PLD) to Underperform from Market Perform with a price ta [+683 chars]

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