UnitedHealth tests AI system to streamline medical claims processing - Bloomberg
Investing.com - UBS raised its price target on ProLogis (NYSE:PLD) to $137.00 from $120.00 on Friday, while maintaining a Buy rating on the industrial real estate investment trust. The stock, currently trading near its 52-week high of $126.92, has shown impressive momentum with an 8.94% return over the past week. According to InvestingPro analysis, the company appears to be trading above its Fair Value.
The upgrade follows ProLogis’ third-quarter 2025 results, which UBS described as "a step forward" for both industrial warehouse fundamentals and the company’s data center opportunity. The $116.54 billion market cap REIT has maintained strong financial performance, with revenue growth of 10.45% and a healthy dividend yield of 3.33%. InvestingPro subscribers can access 8 additional ProTips and comprehensive analysis in the Pro Research Report.
Operating metrics showed significant improvement during the quarter, with net absorption increasing by 68% and new leasing activity rising by 41%, despite what UBS characterized as a "potentially fragile backdrop" amid macroeconomic uncertainty.
ProLogis made substantial progress in its data center business, securing an additional 1.5 gigawatts of power in advanced stages, bringing its total to 5.2 gigawatts, which UBS believes will attract investors from outside the real estate sector.
UBS noted that ProLogis has created "dual paths" for growth through both its traditional warehouse business and expanding data center operations, providing unique catalysts for the stock’s potential appreciation.
In other recent news, Prologis Inc. reported its third-quarter 2025 earnings, surpassing Wall Street expectations. The company achieved an earnings per share (EPS) of $0.82, significantly higher than the forecasted $0.67, marking a surprise of 22.39%. Prologis also exceeded revenue projections, reporting $2.05 billion compared to the anticipated $2.03 billion. These results highlight the company’s strong financial performance in the latest quarter. The favorable earnings report reflects positive developments for Prologis. Additionally, the company’s stock price saw an increase, indicating positive investor sentiment. These recent developments underscore Prologis’ ability to outperform market expectations.
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