B of A Securities Maintains Neutral on Vornado Realty, Raises Price Target to $24
Portfolio Pulse from jenniferd'souza@benzinga.com
B of A Securities analyst Camille Bonnel maintains a Neutral rating on Vornado Realty (NYSE:VNO) and raises the price target from $18 to $24.
August 08, 2023 | 12:52 pm
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Vornado Realty's price target has been raised from $18 to $24 by B of A Securities, while maintaining a Neutral rating.
The increase in price target indicates that the analyst sees potential for the stock's price to rise in the future. However, the Neutral rating suggests that the stock is fairly valued at its current price. This could lead to a positive sentiment among investors, potentially driving the stock price up in the short term.
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