Evercore ISI Group Upgrades Vornado Realty to Outperform, Raises Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has upgraded Vornado Realty (NYSE:VNO) from Underperform to Outperform and increased the price target from $32 to $38.
August 20, 2024 | 10:14 am
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POSITIVE IMPACT
Evercore ISI Group has upgraded Vornado Realty from Underperform to Outperform, raising the price target to $38, indicating a positive outlook.
The upgrade from Underperform to Outperform by a reputable analyst group like Evercore ISI suggests increased investor confidence in Vornado Realty's future performance. The raised price target from $32 to $38 further supports a positive short-term outlook for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100