Bank of America Securities Remains a Hold on Vornado Realty (VNO)
In a report released today, Jana Galan from Bank of America Securities reiterated a Hold rating on Vornado Realty, with a price target of $44.00.
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Galan covers the Real Estate sector, focusing on stocks such as Kilroy Realty, Invitation Homes, and Mid-America Apartment. According to TipRanks, Galan has an average return of -3.7% and a 46.88% success rate on recommended stocks.
In addition to Bank of America Securities, Vornado Realty also received a Hold from Citi’s Nicholas Joseph in a report issued yesterday. However, on February 10, Barclays maintained a Sell rating on Vornado Realty (NYSE: VNO).
Based on Vornado Realty’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $453.71 million and a net profit of $16.13 million. In comparison, last year the company earned a revenue of $457.79 million and had a net profit of $16.73 million
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- Vornado price target raised to $43 from $42 at Evercore ISI
- Vornado price target lowered to $36 from $38 at Piper Sandler
- Vornado Realty Trust Bets on Penn District Upswing
- Rebounding New York Office Fundamentals and Strategic Capital Deployment Underpin Buy Rating on Vornado
- Vornado reports Q4 adjusted FFO per share 55c, consensus 57c
