Prologis receives "Moderate Buy" rating after strong Q1, with institutions boosting holdings.

Prologis, a leading logistics real estate company, has seen a "Moderate Buy" rating from analysts with an average price target of $120.42. The firm recently reported a strong Q1, beating EPS estimates at $1.42. Notably, institutional investors like Washington Trust Co. and Sumitomo Mitsui DS Asset Management have increased their holdings in Prologis, indicating growing confidence in the company's performance and prospects.