Compass Point Maintains Neutral on Vornado Realty, Lowers Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
Compass Point analyst Floris Van Dijkum maintains a Neutral rating on Vornado Realty (VNO) and lowers the price target from $28 to $27.

May 08, 2024 | 5:38 pm
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NEUTRAL IMPACT
Compass Point maintains a Neutral rating on Vornado Realty and lowers the price target from $28 to $27.
The adjustment in price target by Compass Point reflects a slight negative sentiment towards VNO's short-term price potential, but the maintenance of a Neutral rating suggests no significant change in the company's overall outlook. This could lead to a neutral short-term impact on VNO's stock price as the market absorbs the minor adjustment in valuation expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100