Vornado Realty Trust (VNO) Reports Q1 Adj. FFO of $1.13, Miss on Revenue

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Vornado Realty Trust (VNO) PT Lowered to $107 at Evercore ISI Following 1Q Report

May 3, 2017 1:57 PM EDT

Evercore ISI lowered its price target on Vornado Realty Trust (NYSE: VNO) to $107.00 (from $111.00) while maintaining a In Line rating, following the company's first quarter earnings announcement.

Analyst Steve Sakwa notes the company provided normalized FFO results that missed estimates and consensus... More