Analyst Expectations for Vornado Realty's Future
Portfolio Pulse from Benzinga Insights
Vornado Realty (NYSE:VNO) has received 7 analyst ratings in the last quarter, with an average price target of $22.29, which is 29.59% higher than the previous target of $17.20 but still implies a downside from the current price of $31.2. The ratings consist of 2 indifferent, 2 somewhat bearish, and 3 bearish ratings. Analysts typically review stocks quarterly or after major company updates, considering financial performance and market risks.
December 15, 2023 | 7:01 pm
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Vornado Realty has been rated bearish by analysts with a price target of $22.29, suggesting a potential decrease from the current price of $31.2.
The bearish sentiment and lower price target set by analysts suggest that the stock may experience downward pressure in the short term. The unanimous bearish and somewhat bearish ratings, combined with a price target significantly below the current stock price, indicate a negative outlook for VNO's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100