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Bank of America Securities Remains a Hold on Vornado Realty (VNO)

Tipranks - Wed Feb 18, 6:10AM CST

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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