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Analysts Offer Insights on Real Estate Companies: Prologis (PLD) and Invitation Homes (INVH)

Tipranks - Thu Jan 22, 10:24AM CST

Analysts fell to the sidelines weighing in on Prologis (PLDResearch Report) and Invitation Homes (INVHResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Prologis (PLD)

In a report released today, John Kim from BMO Capital maintained a Hold rating on Prologis, with a price target of $119.00. The company’s shares closed last Wednesday at $129.89, close to its 52-week high of $132.57.

According to TipRanks.com, Kim is a 1-star analyst with an average return of -1.5% and a 44.2% success rate. Kim covers the NA sector, focusing on stocks such as Easterly Government Properties, Hudson Pacific Properties, and Rexford Industrial Realty. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Prologis with a $138.08 average price target, a 2.6% upside from current levels. In a report issued on January 8, Robert W. Baird also downgraded the stock to Hold with a $130.00 price target.

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Invitation Homes (INVH)

Mizuho Securities analyst Haendel St. Juste maintained a Hold rating on Invitation Homes today. The company’s shares closed last Wednesday at $27.49.

According to TipRanks.com, Juste is a 4-star analyst with an average return of 3.2% and a 50.5% success rate. Juste covers the NA sector, focusing on stocks such as Essential Properties Realty, Phillips Edison & Company, and Mid-America Apartment. ;'>

Currently, the analyst consensus on Invitation Homes is a Moderate Buy with an average price target of $32.64, implying a 19.5% upside from current levels. In a report issued on January 8, Bank of America Securities also maintained a Hold rating on the stock with a $34.00 price target.

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