Citi lowered its price target on Prologis, which is based in California, while Trump-era tariffs are also a factor.

The entities involved

• Prologis →

  multinational logistics real estate investment trust

  • Prologis proposed an all-share takeover of Segro, which the Segro Board unequivocally rejected.Mon 13:27
  • MarketBeat featured Teledyne e2v and Prologis as a top growth stock pick providing enabling technologies in the US.Mon 00:49
• Donald Trump →

  American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)

  • Trump ended the ceasefire agreement with Iran following recent attacks by Iranian forces.Mon 18:02
  • The Trump administration utilized the Department of Health & Human Services for an AI tool.Mon 18:02
• Citibank →

  American multinational bank

  • Citi maintained a Buy rating on Entegris stock, while Entegris announced R&D spending related to the Trump Administration.Sun 01:54
  • Financial cooperation between Kyrgyzstan and international entities is being discussed, including talks about opening a Citibank branch and Japarov's visit to the US.Tue 09:47

Related events

• AI stocks are benefiting from Trump-era tariffs, and Brian Schwartz maintained an Outperform rating on Workday on September 5th.Jun 7
• Trump tariffs and onshoring benefit AI stocks, leading to automation and robotics support agreements involving Amazon and Richtech Robotics.Jun 7
• Trump's policies, including tariffs and onshoring, are being discussed in the context of their potential benefits for AI stocks, with specific attention paid to Moderna's performance and guidance.Jun 7
• Barclays raised its price target for Okta, noting that AI stocks are benefiting from the onshoring trend and Trump-era tariffs.Jun 7
• Sable Offshore Corp., a Houston-based company, is developing the Santa Ynez Unit offshore California, leveraging a court ruling to restart Las Flores pipelines, concurrent with AI stocks benefiting from Trump-era tariffs.Jun 8