Barclays Maintains Underweight on Vornado Realty, Lowers Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Ross Smotrich maintains an Underweight rating on Vornado Realty (NYSE:VNO) and lowers the price target from $22 to $21.
May 24, 2024 | 3:13 pm
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Barclays analyst Ross Smotrich maintains an Underweight rating on Vornado Realty and lowers the price target from $22 to $21, indicating a bearish outlook.
The Underweight rating and lowered price target from $22 to $21 by Barclays suggest a negative outlook on Vornado Realty's stock performance. This is likely to put downward pressure on the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100