Prologis Reaches Analyst Target Price
July 18, 2017 at 09:16 AM EDT
In recent trading, shares of Prologis Inc (PLD) have crossed above the average analyst 12-month target price of $58.43, changing hands for $58.52/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..