Truist Securities Maintains Buy on Vornado Realty, Lowers Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Lewis has maintained a 'Buy' rating on Vornado Realty (NYSE:VNO) but lowered the price target from $28 to $27.

September 07, 2023 | 2:57 pm
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NEUTRAL IMPACT
Vornado Realty's price target has been lowered from $28 to $27 by Truist Securities, though the 'Buy' rating is maintained.
The lowering of the price target by Truist Securities could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Buy' rating indicates that the analyst still sees potential upside, which could counterbalance the negative impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100