There’s a lot to be optimistic about in the Real Estate sector as 2 analysts just weighed in on Prologis (PLD – Research Report) and Ventas (VTR – Research Report) with bullish sentiments.
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Prologis (PLD)
In a report released today, Samir Khanal from Bank of America Securities reiterated a Buy rating on Prologis, with a price target of $130.00. The company’s shares closed last Wednesday at $122.76.
According to TipRanks.com, Khanal is a 1-star analyst with an average return of
Prologis has an analyst consensus of Moderate Buy, with a price target consensus of $121.93, implying a 4.5% upside from current levels. In a report issued on October 10, Wells Fargo also maintained a Buy rating on the stock with a $120.00 price target.
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Ventas (VTR)
Evercore ISI analyst James Kammert maintained a Buy rating on Ventas yesterday and set a price target of $80.00. The company’s shares closed last Wednesday at $68.89, close to its 52-week high of $71.04.
According to TipRanks.com, Kammert is a 3-star analyst with an average return of
Ventas has an analyst consensus of Strong Buy, with a price target consensus of $76.47, a 12.8% upside from current levels. In a report issued on October 1, Cantor Fitzgerald also initiated coverage with a Buy rating on the stock with a $77.00 price target.
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