Barclays Maintains Underweight on Vornado Realty, Raises Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Ross Smotrich maintains an Underweight rating on Vornado Realty (NYSE:VNO) but raises the price target from $21 to $27.

August 14, 2024 | 2:47 pm
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Barclays analyst Ross Smotrich maintains an Underweight rating on Vornado Realty (NYSE:VNO) but raises the price target from $21 to $27.
The Underweight rating suggests a bearish outlook, but the raised price target indicates some positive reassessment of the company's value. The mixed signals likely result in a neutral short-term impact on the stock price.
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