prologis

Morgan Stanley, which initiated coverage of Prologis (NYSE: PLD), is providing some color on the stock. “We expect PLD to close its valuation gap vs. blue-chip REIT peers with a recovery in global momentum, a more profitable development platform and progress on deleveraging & fund initiatives...

Deutsche Bank made a number of updates in a research report published today. Legg Mason (NYSE: LM) had its rating upgraded from Hold to Buy. At the same time, its price target was raised from $36 to $38. On Tuesday, Legg Mason added 0.5% to its value to end the day at $31.94....

Bank of America is commenting on a recent tour of a Europe warehouse tour of Prologis' (NYSE: PLD), which the bank says supports its recent upgrade to Buy. “BofAML's Global Real Estate Research Team hosted a European Property Tour through London, Frankfurt and Paris last week,” Bank of America...

According to Jefferies, ProLogis (NYSE: PLD) price target is lowered to $31 from $33. Jefferies said that its 12-month price target of $31 for PLD is derived via our dividend discount model (DDM) and implies that one year from now, the stock will trade at 18.2x and 17.7x our '12 and '13 FFO per...

Jefferies & Company has lowered the price target on the following companies: Autodesk (NASDAQ: ADSK) from $47 to $40, Hold ProLogis (NYSE: PLD) from $33 to $31, Hold

Jefferies is out with its report today on Prologis (NYSE: PLD), raising its PT from $15 to $33. In a note to clients, Jefferies writes, "We are adjusting our Price Target on PLD to $33 from $15 to match our most recent price target on AMB, which recently completed its merger with the 'old' PLD and...

Jefferies & Company has Lowered the price target on Newell Rubbermaid (NYSE: NWL) from $20 to $16 and has raised the price target on ProLogis (NYSE: PLD) from $15 to $33.

According to Deutsche Bank, Prologis (NYSE: PLD) 1Q was a “bit soft”. Deutsche Bank said that though 1Q results were a bit softer-than-expected, PLD's unchanged guidance implies a faster ramp than it had been modeling. “At this point, we think this is achievable given signs of improvement in the...

A merger between ProLogis (NYSE: PLD) and AMB Property Corporation (NYSE: AMB) should drive meaningful synergies given that the cost of maintaining each company's global development platform is relatively high, Jefferies reports. “Specifically, we estimate that the G&A margin of AMB and PLD are...

Jefferies & Company has upgraded ProLogis (NYSE: PLD) from Underperform to Hold and has raised the price target from $12 to $14.

JP Morgan has changed the price targets on the following REITs: Acadia Realty Trust (NYSE: AKR) 18.09 Neutral $17.00 to $18.00 AMB Property Corporation (NYSE: AMB) $32.46 Neutral $30.00 to $26.00 Boston Properties (NYSE: BXP) $86.46 Overweight $110.00 to $91.00 CB Richard Ellis Group, Inc. (NYSE:...

ProLogis (NYSE: PLD), the leading global provider of distribution facilities, announced today it signed four new development agreements in the fourth quarter of 2010 totaling 934,000 square feet (86,800 square meters) and a total expected investment of $129 million. Including previously announced...