What 6 Analyst Ratings Have To Say About Vornado Realty
Portfolio Pulse from Benzinga Insights
Vornado Realty (NYSE:VNO) has received 6 analyst ratings in the last quarter, with an average 12-month price target of $20.67, a high of $27.00, and a low of $16.00. The ratings include 2 indifferent, 1 somewhat bearish, and 3 bearish. Over the past month, the average price target has increased by 21.59%. Analysts rate stocks based on research, financial statements, and insider communications, typically once per quarter.
November 28, 2023 | 4:00 pm
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NEGATIVE IMPACT
Vornado Realty has been rated bearishly by analysts with an average price target of $20.67, which has increased by 21.59% over the past month.
The predominance of bearish ratings (3 bearish, 1 somewhat bearish, 2 indifferent) suggests a negative sentiment among analysts, which could lead to a short-term negative impact on VNO's stock price. However, the increase in the average price target over the past month may indicate some underlying positive sentiment or adjustments in market conditions that could mitigate the bearish outlook to some extent.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100