Breaking Down Vornado Realty: 13 Analysts Share Their Views
Portfolio Pulse from Benzinga Insights
Vornado Realty (NYSE:VNO) has received mixed analyst ratings, with a recent increase in the average 12-month price target to $31.79. Analysts have raised their price targets, reflecting a more positive outlook despite Vornado's revenue challenges and high debt-to-equity ratio.
September 12, 2024 | 4:00 pm
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Vornado Realty has received a mix of bullish and bearish analyst ratings, with a notable increase in the average 12-month price target to $31.79. Analysts have raised their price targets, indicating a more positive outlook despite the company's revenue decline and high debt-to-equity ratio.
The increase in the average price target by 21.71% suggests a more optimistic view from analysts, which could positively impact Vornado's stock price in the short term. However, the company's revenue decline and high debt-to-equity ratio may temper this optimism.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100