Piper Sandler Maintains Underweight on Vornado Realty, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Alexander Goldfarb maintains an Underweight rating on Vornado Realty (NYSE:VNO) and has lowered the price target from $17 to $16.
November 01, 2023 | 4:44 pm
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Piper Sandler has maintained an Underweight rating on Vornado Realty and lowered the price target from $17 to $16, which could negatively impact the stock's price.
The lowered price target by Piper Sandler indicates a bearish outlook on Vornado Realty. This could lead to a decrease in the stock's price as investors adjust their expectations based on the new price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100