Mizuho Securities Keeps Their Buy Rating on Vornado Realty (VNO)
In a report released yesterday, Vikram Malhotra from Mizuho Securities maintained a Buy rating on Vornado Realty, with a price target of $40.00. The company’s shares closed yesterday at $35.05.
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Malhotra covers the Real Estate sector, focusing on stocks such as Terreno Realty, American Tower, and Rexford Industrial Realty. According to TipRanks, Malhotra has an average return of 0.5% and a 48.61% success rate on recommended stocks.
Vornado Realty has an analyst consensus of Hold, with a price target consensus of $38.80, representing a 10.70% upside. In a report released on December 5, BMO Capital also maintained a Buy rating on the stock with a $42.00 price target.
Based on Vornado Realty’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $453.7 million and a net profit of $27.12 million. In comparison, last year the company earned a revenue of $443.26 million and had a GAAP net loss of $3.63 million
Read More on VNO:
Disclaimer & DisclosureReport an Issue
- Vornado drops 2% to $34.91 after SL Green Realty outlook misses estimates
- Vornado Realty’s Strong Growth Prospects Amid Stock Decline: Buy Rating Affirmed
- Vornado upgraded to Neutral from Underweight at JPMorgan
- Cautious Hold on Vornado Realty Amid Strong Fundamentals and Elevated Valuation
- Vornado price target lowered to $38 from $42 at Citi
