Vornado Realty Trust (VNO) Declares $.66 Quarterly Dividend; 3.8% Yield

Go back to Vornado Realty Trust (VNO) Declares $.66 Quarterly Dividend; 3.8% Yield

Vornado Realty Trust (VNO) Asset Sale Offers 3 Key Positives - Morgan Stanley

April 22, 2019 8:49 AM EDT

Morgan Stanley analyst Vikram Malhotra reiterated an Overweight rating and $72.00 price target on Vornado Realty Trust (NYSE: VNO) after the company announced a plan to sell 45% of its stake in its prime Manhattan retail portfolio.

The analyst believes this offers 3 key positives:
1) highlighting... More