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ubs raises prologis price target to 137 dollars

UBS analyst Michael Goldsmith has raised the price target for ProLogis (NYSE: PLD) to $137. This adjustment reflects the firm's updated outlook on the company's performance in the market.

Prologis expands global footprint with significant property investments across 19 countries

As of March 31, 2024, the company owns or has investments in properties and development projects totaling approximately 1.2 billion square feet across 19 countries. Prologis (NYSE:PLD) has received mixed analyst ratings, with a "Moderate Buy" consensus and a price target increase from UBS Group to $137.00, indicating a potential upside of 13.06%. The stock currently trades at $121.18, with a market capitalization of $112.23 billion and significant institutional ownership at 93.50%.

corporate giants lead record solar and storage investments in the us

US corporations are significantly investing in solar and energy storage, with Meta leading in solar capacity and Google in energy storage. The Solar Energy Industries Association reports nearly 40 GW of solar capacity and over 1.8 GWh of storage installed by companies like Amazon, Target, and General Motors, driven by incentives from the Inflation Reduction Act.
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