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Enter Symbol:
 
Prologis, Inc (PLD) [hlAlert]

Rating:
Overweight
AMB
down 7.77 %

Amb Property Corporation (AMB) upgraded to Overweight by Lehman Brothers

Posted on: Thursday,  Jul 24, 2008  8:25 AM ET by Lehman Brothers

Lehman Brothers rated Overweight Prologis, Inc (NYSE: PLD) on 07/24/2008. Previously Lehman Brothers rated Underweight Prologis, Inc (NYSE: PLD) on 01/30/2008.,
when the stock price was $49.33. Since then, Prologis, Inc has gained 8.43% as of 07/24/2008's recent price of $53.49.
If you would have followed the previous Lehman Brothers's recommendation on PLD, you would have lost 7.77% of your investment in 176 days.

AMB Property Corporation is one of the leading owners and operators of industrial real estate nationwide. The company's investment strategy is to become a leading provider of High Throughput Distribution properties located near key passenger and air cargo airports, key interstate highways and ports in major metropolitan areas, such as Atlanta, Chicago, Dallas/Fort Worth, Northern New Jersey, the San Francisco Bay Area andSouthern California.

Lehman Brothers Holdings Inc. has filed for bankruptcy protection in the U.S.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/24/2008 8:25 AM Buy
None
53.49
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/30/2008 10:25 AM Sell
None
49.33 50.00
10/18/2007 9:25 AM Sell
None
63.94 54.00

(*) Stock Price at the time of the recommendation.
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