Prologis, Inc. (NYSE:PLD) is among the 5 Most Profitable Real Estate Stocks Right Now. On March 17, John Kim from BMO Capital boosted the price target on Prologis, Inc. (NYSE:PLD) to $137 from $123 and reiterated a Market Perform rating. According to TheFly, the firm appears modestly bullish on Industrial REITs, with 2026 REIT guidance indicating consistent occupancy and Cash same-store NOI (SSNOI).
Back on March 9, BofA Securities lifted the price target on Prologis, Inc. (NYSE:PLD) from $147 to $153 and reaffirmed a Buy rating. The firm’s analyst, Camille Bonnel, highlighted the company’s position as the best-performing Industrial REIT since its Q4 results, while noting its weak performance a week earlier due to macro challenges.
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BofA considers the recent pullback a buying opportunity, saying that the market is in the initial stages of the next cycle. The firm adds that vacancy levels are at or near their peak, with market rents beginning to rise, alongside incremental data center growth for the company. Thanks to the data center opportunity, the firm has raised its estimates by 1% starting in 2028.
Prologis, Inc. (NYSE:PLD) is a Maryland-based self-administered and self-managed REIT engaged in investments in real estate. Founded in 1983, the company also owns a substantial ownership interest in the co-investment ventures.
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