Vornado Realty (VNO) Has Compelling Relative Valuation Say Analysts
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Price: $26.07 +0.93%
Rating Summary:
2 Buy, 13 Hold, 6 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 10 | Down: 18 | New: 16
Rating Summary:
2 Buy, 13 Hold, 6 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 10 | Down: 18 | New: 16
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Imperial Capital maintained an Outperform rating on Vornado Realty Trust (NYSE: VNO) with a price target of $87.00.
"We upgraded our rating on VNO's common stock to Outperform from In-Line on 10/17/12, principally on account of a more proactive management approach featuring portfolio rationalization/asset sales, the stock's underperformance, and its relatively modest valuation. We have not changed our perspective," said analyst David Harris.
VNO continues to underperformed other stocks in the sector and Harris views it as relatively inexpensive on a number of metrics.
For an analyst ratings summary and ratings history on Vornado Realty Trust click here. For more ratings news on Vornado Realty Trust click here.
Shares of Vornado Realty Trust closed at $75.54 yesterday.
"We upgraded our rating on VNO's common stock to Outperform from In-Line on 10/17/12, principally on account of a more proactive management approach featuring portfolio rationalization/asset sales, the stock's underperformance, and its relatively modest valuation. We have not changed our perspective," said analyst David Harris.
VNO continues to underperformed other stocks in the sector and Harris views it as relatively inexpensive on a number of metrics.
For an analyst ratings summary and ratings history on Vornado Realty Trust click here. For more ratings news on Vornado Realty Trust click here.
Shares of Vornado Realty Trust closed at $75.54 yesterday.
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