Barclays Maintains Underweight on Vornado Realty, Raises Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Ross Smotrich maintains an Underweight rating on Vornado Realty (NYSE:VNO) but raises the price target from $27 to $34.
October 28, 2024 | 1:48 pm
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NEUTRAL IMPACT
Barclays analyst Ross Smotrich maintains an Underweight rating on Vornado Realty but raises the price target from $27 to $34.
The Underweight rating suggests a bearish outlook, but the raised price target indicates some positive expectations. The net impact is neutral as the rating and price target adjustments offset each other.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100