Vornado Realty (VNO) Receives a Buy from Evercore ISI
Evercore ISI analyst Steve Sakwa reiterated a Buy rating on Vornado Realty today and set a price target of $42.00.
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According to TipRanks, Sakwa is an analyst with an average return of -0.1% and a 48.57% success rate. Sakwa covers the Real Estate sector, focusing on stocks such as Invitation Homes, Public Storage, and SL Green Realty.
In addition to Evercore ISI, Vornado Realty also received a Buy from Mizuho Securities’s Vikram Malhotra in a report issued on December 11. However, on December 3, Goldman Sachs maintained a Sell rating on Vornado Realty (NYSE: VNO).
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
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- Vornado price target lowered to $40 from $43 at Mizuho
- 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
