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Analysts Offer Insights on Real Estate Companies: Prologis (PLD) and Crown Castle (CCI)

Tipranks - Sat Apr 18, 7:36AM CDT

There’s a lot to be optimistic about in the Real Estate sector as 2 analysts just weighed in on Prologis (PLD) and Crown Castle (CCI) with bullish sentiments.

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Prologis (PLD)

Truist Financial analyst Michael Lewis maintained a Buy rating on Prologis today. The company’s shares closed last Thursday at $142.17.

According to TipRanks.com, Lewis is a 5-star analyst with an average return of 8.9% and a 61.9% success rate. Lewis covers the NA sector, focusing on stocks such as SmartStop Self Storage REIT, Inc., American Healthcare REIT, Inc., and Easterly Government Properties. ;'>

Prologis has an analyst consensus of Moderate Buy, with a price target consensus of $144.67, representing a 1.4% upside. In a report released yesterday, TipRanks – xAI also upgraded the stock to Buy with a $159.00 price target.

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Crown Castle (CCI)

In a report released today, Ari Klein from BMO Capital maintained a Buy rating on Crown Castle, with a price target of $100.00. The company’s shares closed last Thursday at $86.87, close to its 52-week low of $84.20.

According to TipRanks.com, Klein is a 4-star analyst with an average return of 6.1% and a 57.7% success rate. Klein covers the NA sector, focusing on stocks such as Xenia Hotels & Resorts, Apple Hospitality REIT, and Host Hotels & Resorts. ;'>

Currently, the analyst consensus on Crown Castle is a Moderate Buy with an average price target of $97.62, representing a 13.8% upside. In a report issued on April 13, Citi also maintained a Buy rating on the stock with a $106.00 price target.

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