Prologis (PLD) Upgraded to Outperform by Mizuho, Price Target Raised

Prologis (PLD) received an upgrade from Mizuho Securities analyst Vikram Malhotra, who raised the rating to Outperform from Neutral. The price target was also increased to $118, up from the previous $105.44. The upgrade was based on positive outlook and potential growth opportunities for the company. This news was reported by TheFly on August 19, 2025.

The upgrade from Mizuho Securities comes as a vote of confidence in Prologis, a leading logistics real estate investment trust. The new price target of $118 reflects a bullish outlook on the company’s performance and potential for further growth.