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Stock Market & Financial Investment News

News Breaks
January 16, 2013
06:11 EDTSTAG, EGP, PLD, DCTIndustrial REIT sector downgraded to Market Weight at Wells Fargo
Wells Fargo downgraded the Industrial REIT sector to Market Weight from Overweight citing a lack of compelling valuations in the group. The firm downgraded shares of EastGroup Properties (EGP) to Market Perform from Outperform, keeps an Underperform rating on DCT Industrial (DCT), an Outperform rating on ProLogis (PLD), and Market Perform rating on STAG Industrial (STAG).
News For EGP;DCT;PLD;STAG From The Last 14 Days
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April 20, 2015
05:35 EDTPLDPrologis to host conference call
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April 19, 2015
16:15 EDTPLDPrologis narrows FY15 core FFO view to $2.07-$2.13 from $2.04-$2.12
16:13 EDTPLDPrologis reports Q1 core FFO 49c vs. 43c in 1Q14
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16:10 EDTPLDPrologis to acquire $5.9B portfolio from KTR, sees 14c accretion to FY15 FFO
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April 16, 2015
16:06 EDTEGPEastGroup Properties raises FY15 FFO $3.60-$3.70, consensus $3.65
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16:05 EDTEGPEastGroup Properties reports Q1 FFO 87c, consensus 87c
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April 13, 2015
08:38 EDTPLDPrologis price target raised to $50 from $45 at Oppenheimer
Oppenheimer believes that the beneficial operating environment coupled with a robust development pipeline should allow Prologis to grow its FFO faster than its peers for the next two years. The firm expects the stock's valuation to rise relative to its peers and it keeps an Outperform rating on the shares.

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