Wells Fargo Upgrades ProLogis (PLD) to Outperform

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Go back to Wells Fargo Upgrades ProLogis (PLD) to Outperform

Avoid REITS with Long-Term Bond-Like Leases – Analyst (VTR) (MPW) (EPR) (LXP)

June 13, 2013 11:56 AM EDT

With bond yields rising, investors are increasingly interested in how equities will response to expectations of Fed tapering. Commenting, Keybanc analyst Jordan Sadler note that Fed stimulus appears to have reached an inflection point, and accordingly he shifted sector weighting recommendations for REITS toward the shorter term lease sectors and away from sectors with longer term, bond-like leases.

"We... More

KeyBanc Upgrades ProLogis (PLD) to Buy

June 13, 2013 8:27 AM EDT

KeyBanc upgraded ProLogis (NYSE: PLD) from Hold to Buy.

For an analyst ratings summary and ratings history on ProLogis click here. For more ratings news on ProLogis click here.

Shares of ProLogis closed at $37.12 yesterday, with a 52 week range of $30.79-$45.52.... More