** BofA Global Research raises price target on industrial REIT Prologis PLD.N to $153 from $147; reiterates "buy" rating

** New PT represents 13.7% upside to stock's last close

** Brokerage notes PLD sees 10+ gigawatts data-centre development opportunities over the next decade; with project value rising from ~$2  billion in 2026 to $5  billion by 2030

** Says PLD expected to earn ~$400 million annually from data‑centre sales over next 5 years; growing to more than $900 million a year in the following five-year period

** BofA says PLD's incremental funds from operations will largely come from reinvesting data‑centre sale proceeds into its core industrial development pipeline

** Adds that this approach could lift PLD's earnings by $40–$50  million a year, building to over $500  million in incremental income across the next ten years

** Median PT of 25 brokerages covering stock is $140 - data compiled by LSEG

** As of last close, PLD up 5.4% YTD

(Reporting by Megavarshini G. Somasundaram in Bengaluru)

((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))